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

AAM SLC Low Duration Income ETF (NYSEARCA:LODI) was the recipient of a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 6,870 shares, a drop of 14.9% from the February 12th total of 8,076 shares. Based on an average daily trading volume, of 7,699 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the shares of the stock are short sold. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,699 shares, the days-to-cover ratio is presently 0.9 days.

AAM SLC Low Duration Income ETF Stock Performance

Shares of NYSEARCA LODI traded up $0.01 during midday trading on Tuesday, reaching $25.28. 4,598 shares of the company were exchanged, compared to its average volume of 7,933. The stock’s 50-day moving average price is $25.36 and its 200-day moving average price is $25.32. AAM SLC Low Duration Income ETF has a one year low of $24.73 and a one year high of $26.57.

Institutional Trading of AAM SLC Low Duration Income ETF

Large investors have recently modified their holdings of the business. Kestra Advisory Services LLC purchased a new position in shares of AAM SLC Low Duration Income ETF in the 4th quarter valued at approximately $122,000. Baker Avenue Asset Management LP purchased a new position in shares of AAM SLC Low Duration Income ETF during the 2nd quarter valued at $202,000. World Investment Advisors bought a new stake in AAM SLC Low Duration Income ETF in the fourth quarter worth $327,000. Jane Street Group LLC purchased a new position in shares of AAM SLC Low Duration Income ETF during the first quarter worth approximately $394,000. Finally, Osaic Holdings Inc. increased its position in shares of AAM SLC Low Duration Income ETF by 220.1% in the second quarter. Osaic Holdings Inc. now owns 20,519 shares of the company’s stock valued at $517,000 after buying an additional 14,109 shares in the last quarter.

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.