AAM SLC Low Duration Income ETF (NYSEARCA:LODI) Short Interest Up 171.7% in January

AAM SLC Low Duration Income ETF (NYSEARCA:LODI) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 4,424 shares, a growth of 171.7% from the December 31st total of 1,628 shares. Based on an average daily trading volume, of 5,436 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 5,436 shares, the days-to-cover ratio is currently 0.8 days.

Hedge Funds Weigh In On AAM SLC Low Duration Income ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Osaic Holdings Inc. increased its stake in shares of AAM SLC Low Duration Income ETF by 220.1% in 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 purchased a new stake in AAM SLC Low Duration Income ETF in the first quarter worth about $394,000. Grantvest Financial Group LLC increased its stake in shares of AAM SLC Low Duration Income ETF by 13.1% during the third quarter. Grantvest Financial Group LLC now owns 26,825 shares of the company’s stock valued at $677,000 after purchasing an additional 3,107 shares in the last quarter. Finally, Baker Avenue Asset Management LP bought a new position in shares of AAM SLC Low Duration Income ETF during the second quarter valued at approximately $202,000.

AAM SLC Low Duration Income ETF Stock Performance

LODI traded down $0.02 on Thursday, hitting $25.48. The company had a trading volume of 20,701 shares, compared to its average volume of 6,530. AAM SLC Low Duration Income ETF has a 52-week low of $24.73 and a 52-week high of $26.57. The stock has a fifty day simple moving average of $25.31 and a 200-day simple moving average of $25.29.

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.