AAM SLC Low Duration Income ETF (NYSEARCA:LODI) Short Interest Up 38.0% in March

AAM SLC Low Duration Income ETF (NYSEARCA:LODI) was the recipient of a large growth in short interest in March. As of March 13th, there was short interest totaling 9,480 shares, a growth of 38.0% from the February 26th total of 6,870 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 12,772 shares, the short-interest ratio is presently 0.7 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Grantvest Financial Group LLC lifted its stake in AAM SLC Low Duration Income ETF by 13.1% in the third quarter. Grantvest Financial Group LLC now owns 26,825 shares of the company’s stock valued at $677,000 after acquiring an additional 3,107 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of AAM SLC Low Duration Income ETF during the 4th quarter worth about $122,000. Baker Avenue Asset Management LP bought a new stake in shares of AAM SLC Low Duration Income ETF in the 2nd quarter valued at about $202,000. World Investment Advisors bought a new stake in shares of AAM SLC Low Duration Income ETF in the 4th quarter valued at about $327,000. Finally, Osaic Holdings Inc. lifted its stake in 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 last quarter.

AAM SLC Low Duration Income ETF Stock Up 0.1%

Shares of LODI opened at $25.26 on Tuesday. AAM SLC Low Duration Income ETF has a twelve month low of $24.73 and a twelve month high of $26.57. The company has a 50 day moving average of $25.35 and a 200-day moving average of $25.32.

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.