AAM SLC Low Duration Income ETF (NYSEARCA:LODI) Shares Shorted: Short Interest Down 39.9% in October

AAM SLC Low Duration Income ETF (NYSEARCA:LODI) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 22,159 shares, a decrease of 39.9% from the September 30th total of 36,853 shares. Based on an average daily volume of 18,583 shares, the short-interest ratio is presently 1.2 days. Currently, 0.5% of the company’s shares are sold short.

AAM SLC Low Duration Income ETF Stock Performance

NYSEARCA:LODI opened at $24.92 on Friday. AAM SLC Low Duration Income ETF has a 12-month low of $24.82 and a 12-month high of $26.57. The stock’s fifty day simple moving average is $25.02 and its 200-day simple moving average is $25.20.

Institutional Investors Weigh In On AAM SLC Low Duration Income ETF

Hedge funds have recently modified their holdings of the business. Spartan Wealth Advisory Services LLC acquired a new stake in AAM SLC Low Duration Income ETF during the 1st quarter worth approximately $5,839,000. Waverly Advisors LLC bought a new position in AAM SLC Low Duration Income ETF in the second quarter valued at approximately $1,030,000. Private Advisor Group LLC acquired a new position in shares of AAM SLC Low Duration Income ETF in the first quarter valued at approximately $335,000. Independent Financial Group LLC acquired a new position in shares of AAM SLC Low Duration Income ETF in the first quarter valued at approximately $329,000. Finally, Kestra Private Wealth Services LLC bought a new stake in shares of AAM SLC Low Duration Income ETF during the first quarter worth $232,000.

AAM SLC Low Duration Income ETF Company Profile

The AAM SLC Low Duration Income ETF (LODI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of income producing, USD-denominated fixed income securities. The fund may hold debt of any maturity but estimates to have an average portfolio duration of three years or less. LODI was launched on Dec 3, 2024 and is issued by Advisors Asset Management.