Short Interest in AAM SLC Low Duration Income ETF (NYSEARCA:LODI) Grows By 38.0%

AAM SLC Low Duration Income ETF (NYSEARCA:LODI) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 9,480 shares, an increase of 38.0% from the February 26th total of 6,870 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 12,772 shares, the days-to-cover ratio is currently 0.7 days.

AAM SLC Low Duration Income ETF Price Performance

Shares of AAM SLC Low Duration Income ETF stock traded up $0.03 during trading hours on Monday, hitting $25.26. The company’s stock had a trading volume of 3,557 shares, compared to its average volume of 8,031. The business has a 50 day moving average price of $25.35 and a two-hundred day moving average price of $25.32. AAM SLC Low Duration Income ETF has a 12-month low of $24.73 and a 12-month high of $26.57.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. World Investment Advisors purchased a new stake in AAM SLC Low Duration Income ETF during the 4th quarter valued at approximately $327,000. Kestra Advisory Services LLC bought a new position in shares of AAM SLC Low Duration Income ETF during the fourth quarter worth $122,000. LPL Financial LLC boosted its position in shares of AAM SLC Low Duration Income ETF by 5.7% during the fourth quarter. LPL Financial LLC now owns 297,253 shares of the company’s stock worth $7,506,000 after acquiring an additional 15,923 shares during the last quarter. Grantvest Financial Group LLC grew its stake in AAM SLC Low Duration Income ETF by 52.2% during the fourth quarter. Grantvest Financial Group LLC now owns 40,825 shares of the company’s stock valued at $1,031,000 after acquiring an additional 14,000 shares in the last quarter. Finally, Osaic Holdings Inc. grew its stake in AAM SLC Low Duration Income ETF by 220.1% during the second quarter. Osaic Holdings Inc. now owns 20,519 shares of the company’s stock valued at $517,000 after acquiring an additional 14,109 shares in the last quarter.

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.