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

by · The Cerbat Gem

AAM SLC Low Duration Income ETF (NYSEARCA:LODI – Get Free Report) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 7,004 shares, a decline of 33.8% from the November 30th total of 10,583 shares. Based on an average daily volume of 3,684 shares, the days-to-cover ratio is currently 1.9 days. Approximately 0.3% of the shares of the company are sold short. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 3,684 shares, the days-to-cover ratio is currently 1.9 days.

AAM SLC Low Duration Income ETF Stock Up 0.0%

Shares of LODI stock traded up $0.01 during trading hours on Tuesday, reaching $25.36. 471 shares of the company’s stock were exchanged, compared to its average volume of 6,459. AAM SLC Low Duration Income ETF has a fifty-two week low of $24.73 and a fifty-two week high of $26.24. The business has a fifty day moving average price of $25.30 and a 200-day moving average price of $25.27.

Institutional Investors Weigh In On AAM SLC Low Duration Income ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Jane Street Group LLC acquired a new stake in shares of AAM SLC Low Duration Income ETF during the 1st quarter worth about $394,000. Baker Avenue Asset Management LP bought a new stake in AAM SLC Low Duration Income ETF during the second quarter worth about $202,000. Osaic Holdings Inc. increased its holdings in shares of AAM SLC Low Duration Income ETF by 220.1% during the second quarter. Osaic Holdings Inc. now owns 20,519 shares of the company’s stock worth $517,000 after buying an additional 14,109 shares in the last quarter. Finally, Grantvest Financial Group LLC increased its holdings 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 worth $677,000 after buying an additional 3,107 shares in the last quarter.

AAM SLC Low Duration Income ETF Company Profile

(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.

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