AAM SLC Low Duration Income ETF (NYSEARCA:LODI) Short Interest Update

AAM SLC Low Duration Income ETF (NYSEARCA:LODI) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 14,875 shares, a decrease of 41.8% from the June 15th total of 25,563 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 19,050 shares, the days-to-cover ratio is currently 0.8 days.

AAM SLC Low Duration Income ETF Price Performance

LODI traded down $0.02 during midday trading on Thursday, hitting $25.21. 340 shares of the company traded hands, compared to its average volume of 12,221. The company’s 50-day moving average is $25.22 and its 200 day moving average is $25.28. AAM SLC Low Duration Income ETF has a 52 week low of $25.10 and a 52 week high of $26.57.

Hedge Funds Weigh In On AAM SLC Low Duration Income ETF

Several institutional investors and hedge funds have recently bought and sold shares of LODI. Kestra Advisory Services LLC bought a new position in shares of AAM SLC Low Duration Income ETF during the 4th quarter valued at approximately $122,000. Kestra Private Wealth Services LLC bought a new stake in AAM SLC Low Duration Income ETF in the 1st quarter valued at $232,000. World Investment Advisors bought a new stake in shares of AAM SLC Low Duration Income ETF in the fourth quarter worth about $327,000. Independent Financial Group LLC bought a new stake in AAM SLC Low Duration Income ETF in the 1st quarter worth approximately $329,000. Finally, Private Advisor Group LLC bought a new stake in AAM SLC Low Duration Income ETF in the first quarter worth $335,000.

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.