Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Short Interest Up 254.0% in April

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 236,507 shares, a growth of 254.0% from the April 15th total of 66,811 shares. Based on an average daily volume of 178,897 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.6% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Align Financial LLC acquired a new stake in shares of Avantis Core Fixed Income ETF during the fourth quarter worth $543,761,000. Janney Montgomery Scott LLC lifted its holdings in shares of Avantis Core Fixed Income ETF by 108.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 934,908 shares of the company’s stock worth $39,194,000 after acquiring an additional 486,278 shares during the period. CoreCap Advisors LLC lifted its holdings in shares of Avantis Core Fixed Income ETF by 52.2% during the 4th quarter. CoreCap Advisors LLC now owns 119,387 shares of the company’s stock worth $5,005,000 after acquiring an additional 40,935 shares during the period. Ares Financial Consulting LLC bought a new stake in shares of Avantis Core Fixed Income ETF during the 4th quarter worth approximately $582,000. Finally, JDM Financial Group LLC acquired a new position in Avantis Core Fixed Income ETF during the 4th quarter worth approximately $416,000.

Avantis Core Fixed Income ETF Price Performance

Shares of AVIG traded down $0.25 during trading hours on Friday, reaching $41.08. The stock had a trading volume of 255,879 shares, compared to its average volume of 293,100. The firm has a 50-day moving average of $41.59 and a 200 day moving average of $41.90. Avantis Core Fixed Income ETF has a 52 week low of $40.49 and a 52 week high of $42.54.

Avantis Core Fixed Income ETF Company Profile

The Avantis Core Fixed Income ETF (AVIG) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund offers an active exposure to a broad range of investment-grade debt securities from issuers around the globe. AVIG was launched on Oct 15, 2020 and is managed by American Century Investments.