AAM SLC Low Duration Income ETF (NYSEARCA:LODI) Sees Large Growth in Short Interest

AAM SLC Low Duration Income ETF (NYSEARCA:LODIGet Free Report) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 10,138 shares, an increase of 29.5% from the March 31st total of 7,831 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 11,201 shares, the short-interest ratio is presently 0.9 days.

AAM SLC Low Duration Income ETF Stock Performance

Shares of AAM SLC Low Duration Income ETF stock traded up $0.02 on Friday, reaching $25.21. 2,924 shares of the company were exchanged, compared to its average volume of 8,804. The stock’s 50 day moving average price is $25.28 and its 200-day moving average price is $25.31. AAM SLC Low Duration Income ETF has a 1-year low of $24.88 and a 1-year high of $26.57.

Institutional Trading of AAM SLC Low Duration Income ETF

Institutional investors have recently modified their holdings of the stock. Kestra Advisory Services LLC purchased a new position in shares of AAM SLC Low Duration Income ETF during the fourth quarter worth about $122,000. Kestra Private Wealth Services LLC purchased a new stake in AAM SLC Low Duration Income ETF in the first quarter valued at approximately $232,000. World Investment Advisors acquired a new stake in shares of AAM SLC Low Duration Income ETF in the fourth quarter valued at approximately $327,000. Private Advisor Group LLC purchased a new stake in AAM SLC Low Duration Income ETF in the 1st quarter valued at $335,000. Finally, Jane Street Group LLC purchased a new stake in shares of AAM SLC Low Duration Income ETF during the first quarter worth approximately $394,000.

About AAM SLC Low Duration Income ETF

(Get Free Report)

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.

Further Reading

Receive News & Ratings for AAM SLC Low Duration Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AAM SLC Low Duration Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.