AAM SLC Low Duration Income ETF (NYSEARCA:LODI) Short Interest Down 33.8% in December

AAM SLC Low Duration Income ETF (NYSEARCA:LODIGet Free Report) was the target of a large decline in short interest in December. As of December 15th, there was short interest totaling 7,004 shares, a decline of 33.8% from the November 30th total of 10,583 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 3,684 shares, the days-to-cover ratio is presently 1.9 days. Based on an average daily trading volume, of 3,684 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.3% of the company’s stock are short sold.

AAM SLC Low Duration Income ETF Stock Performance

NYSEARCA:LODI opened at $25.36 on Wednesday. The stock’s 50 day moving average price is $25.30 and its 200 day moving average price is $25.27. AAM SLC Low Duration Income ETF has a 52 week low of $24.73 and a 52 week high of $26.24.

Institutional Investors Weigh In On AAM SLC Low Duration Income ETF

Several institutional investors and hedge funds have recently modified their holdings of LODI. Grantvest Financial Group LLC boosted its holdings in AAM SLC Low Duration Income ETF by 13.1% in the third quarter. Grantvest Financial Group LLC now owns 26,825 shares of the company’s stock worth $677,000 after purchasing an additional 3,107 shares in the last quarter. Osaic Holdings Inc. boosted its stake in shares of AAM SLC Low Duration Income ETF by 220.1% during the 2nd quarter. Osaic Holdings Inc. now owns 20,519 shares of the company’s stock worth $517,000 after acquiring an additional 14,109 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of AAM SLC Low Duration Income ETF during the 1st quarter worth about $394,000. Finally, Baker Avenue Asset Management LP acquired a new position in shares of AAM SLC Low Duration Income ETF during the 2nd quarter valued at about $202,000.

AAM SLC Low Duration Income ETF Company Profile

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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.

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