AAM SLC Low Duration Income ETF (NYSEARCA:LODI – Get Free Report) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 22,159 shares, a drop of 39.9% from the September 30th total of 36,853 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily volume of 18,583 shares, the days-to-cover ratio is currently 1.2 days.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. Spartan Wealth Advisory Services LLC purchased a new stake in shares of AAM SLC Low Duration Income ETF during the 1st quarter worth about $5,839,000. Waverly Advisors LLC purchased a new position in shares of AAM SLC Low Duration Income ETF in the 2nd quarter valued at about $1,030,000. Kestra Advisory Services LLC increased its stake in shares of AAM SLC Low Duration Income ETF by 106.5% in the 3rd quarter. Kestra Advisory Services LLC now owns 44,938 shares of the company’s stock valued at $1,118,000 after purchasing an additional 23,174 shares in the last quarter. Private Advisor Group LLC acquired a new position in AAM SLC Low Duration Income ETF in the 1st quarter worth about $335,000. Finally, Independent Financial Group LLC acquired a new position in AAM SLC Low Duration Income ETF in the 1st quarter worth about $329,000.
AAM SLC Low Duration Income ETF Stock Performance
LODI stock traded down $0.01 during trading on Tuesday, hitting $24.93. 3,207 shares of the company’s stock traded hands, compared to its average volume of 14,278. AAM SLC Low Duration Income ETF has a 1 year low of $24.82 and a 1 year high of $26.57. The business has a fifty day simple moving average of $25.01 and a two-hundred day simple moving average of $25.20.
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.
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