AAM SLC Low Duration Income ETF (NYSEARCA:LODI) Short Interest Up 101.1% in June

AAM SLC Low Duration Income ETF (NYSEARCA:LODI) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 25,563 shares, a growth of 101.1% from the May 31st total of 12,714 shares. Based on an average trading volume of 20,933 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.8% of the company’s stock are sold short.

Institutional Investors Weigh In On AAM SLC Low Duration Income ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC purchased a new position in AAM SLC Low Duration Income ETF in the 4th quarter valued at about $122,000. Kestra Private Wealth Services LLC purchased a new stake in shares of AAM SLC Low Duration Income ETF during the first quarter worth about $232,000. World Investment Advisors purchased a new stake in shares of AAM SLC Low Duration Income ETF during the fourth quarter worth about $327,000. Independent Financial Group LLC acquired a new position in shares of AAM SLC Low Duration Income ETF in the first quarter worth about $329,000. Finally, Private Advisor Group LLC acquired a new position in shares of AAM SLC Low Duration Income ETF in the first quarter worth about $335,000.

AAM SLC Low Duration Income ETF Trading Down 0.5%

Shares of LODI traded down $0.12 during mid-day trading on Tuesday, reaching $25.18. 10,285 shares of the stock traded hands, compared to its average volume of 11,304. The stock has a fifty day simple moving average of $25.24 and a 200 day simple moving average of $25.29. AAM SLC Low Duration Income ETF has a 12-month low of $25.07 and a 12-month high of $26.57.

About AAM SLC Low Duration Income ETF

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.