AAM SLC Low Duration Income ETF (NYSEARCA:LODI – Get Free Report) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 34,669 shares, an increase of 69.6% from the August 15th total of 20,446 shares. Based on an average daily volume of 25,700 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.9% of the shares of the stock are sold short.
Institutional Investors Weigh In On AAM SLC Low Duration Income ETF
A number of hedge funds have recently modified their holdings of the company. Kestra Private Wealth Services LLC purchased a new stake in shares of AAM SLC Low Duration Income ETF in the 1st quarter valued at approximately $232,000. World Investment Advisors purchased a new stake in shares of AAM SLC Low Duration Income ETF during the 4th quarter valued at approximately $327,000. Independent Financial Group LLC purchased a new stake in shares of AAM SLC Low Duration Income ETF during the 1st quarter valued at approximately $329,000. Private Advisor Group LLC acquired a new position in AAM SLC Low Duration Income ETF in the first quarter valued at approximately $335,000. Finally, Waverly Advisors LLC acquired a new position in AAM SLC Low Duration Income ETF in the second quarter valued at approximately $1,030,000.
AAM SLC Low Duration Income ETF Stock Performance
NYSEARCA LODI traded up $0.01 on Friday, reaching $25.05. 4,977 shares of the company were exchanged, compared to its average volume of 14,152. The business’s fifty day moving average price is $25.16 and its 200 day moving average price is $25.21. AAM SLC Low Duration Income ETF has a fifty-two week low of $25.01 and a fifty-two week high of $26.57.
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.
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