Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) Sees Large Drop in Short Interest

Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) saw a significant drop in short interest in April. As of April 15th, there was short interest totaling 6,784 shares, a drop of 82.2% from the March 31st total of 38,014 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 260,547 shares, the short-interest ratio is currently 0.0 days.

Avantis Short-Term Fixed Income ETF Stock Performance

Shares of NYSEARCA AVSF traded up $0.06 during mid-day trading on Friday, hitting $46.85. 13,513 shares of the stock were exchanged, compared to its average volume of 115,446. The stock’s fifty day simple moving average is $46.92 and its two-hundred day simple moving average is $47.06. Avantis Short-Term Fixed Income ETF has a twelve month low of $46.44 and a twelve month high of $47.38.

Avantis Short-Term Fixed Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, February 9th. Stockholders of record on Thursday, February 5th were paid a dividend of $0.184 per share. This represents a c) annualized dividend and a dividend yield of 4.7%. This is an increase from Avantis Short-Term Fixed Income ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Thursday, February 5th.

Institutional Trading of Avantis Short-Term Fixed Income ETF

Several hedge funds have recently modified their holdings of AVSF. CoreCap Advisors LLC grew its stake in shares of Avantis Short-Term Fixed Income ETF by 4.9% during the third quarter. CoreCap Advisors LLC now owns 38,086 shares of the company’s stock valued at $1,798,000 after purchasing an additional 1,765 shares during the last quarter. Strategic Blueprint LLC grew its stake in shares of Avantis Short-Term Fixed Income ETF by 3.8% during the third quarter. Strategic Blueprint LLC now owns 148,368 shares of the company’s stock valued at $7,005,000 after purchasing an additional 5,368 shares during the last quarter. Ameriprise Financial Inc. bought a new stake in shares of Avantis Short-Term Fixed Income ETF during the third quarter valued at approximately $403,000. Lodestone Wealth Management LLC bought a new stake in shares of Avantis Short-Term Fixed Income ETF during the fourth quarter valued at approximately $25,000. Finally, Ares Financial Consulting LLC bought a new stake in shares of Avantis Short-Term Fixed Income ETF during the fourth quarter valued at approximately $28,000.

Avantis Short-Term Fixed Income ETF Company Profile

The Avantis Short-Term Fixed Income ETF (AVSF) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF investing in investment-grade, short-term fixed income securities across sectors from issuers around the globe. AVSF was launched on Oct 15, 2020 and is managed by American Century Investments.