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

AAM SLC Low Duration Income ETF (NYSEARCA:LODI) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 7,831 shares, a decline of 17.4% from the March 15th total of 9,480 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 8,262 shares, the days-to-cover ratio is presently 0.9 days.

AAM SLC Low Duration Income ETF Price Performance

Shares of AAM SLC Low Duration Income ETF stock traded up $0.04 during trading on Friday, hitting $25.30. 11,877 shares of the company were exchanged, compared to its average volume of 8,487. The firm’s fifty day moving average price is $25.30 and its 200 day moving average price is $25.31. AAM SLC Low Duration Income ETF has a 1-year low of $24.73 and a 1-year high of $26.57.

Hedge Funds Weigh In On AAM SLC Low Duration Income ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. LPL Financial LLC grew its position in shares of AAM SLC Low Duration Income ETF by 5.7% in the 4th quarter. LPL Financial LLC now owns 297,253 shares of the company’s stock valued at $7,506,000 after purchasing an additional 15,923 shares during the period. Grantvest Financial Group LLC grew its position in shares of AAM SLC Low Duration Income ETF by 52.2% in the 4th quarter. Grantvest Financial Group LLC now owns 40,825 shares of the company’s stock valued at $1,031,000 after purchasing an additional 14,000 shares during the period. Osaic Holdings Inc. grew its position 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 valued at $517,000 after purchasing an additional 14,109 shares during the period. Jane Street Group LLC acquired a new position in shares of AAM SLC Low Duration Income ETF in the 1st quarter valued at approximately $394,000. Finally, World Investment Advisors acquired a new position in shares of AAM SLC Low Duration Income ETF in the 4th quarter valued at approximately $327,000.

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.