Avantis Global Credit ETF (NASDAQ:AVGB) Short Interest Update

Avantis Global Credit ETF (NASDAQ:AVGB) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 2,170 shares, a decrease of 58.4% from the May 14th total of 5,214 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily volume of 14,604 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Avantis Global Credit ETF

Several large investors have recently modified their holdings of the business. Beacon Pointe Advisors LLC bought a new stake in shares of Avantis Global Credit ETF in the fourth quarter worth about $2,438,000. Werba Rubin Papier Wealth Management increased its holdings in shares of Avantis Global Credit ETF by 194.0% in the fourth quarter. Werba Rubin Papier Wealth Management now owns 15,711 shares of the company’s stock worth $798,000 after acquiring an additional 10,367 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of Avantis Global Credit ETF by 39.7% in the fourth quarter. Jane Street Group LLC now owns 6,590 shares of the company’s stock worth $335,000 after acquiring an additional 1,872 shares in the last quarter. Finally, Plancorp LLC increased its holdings in shares of Avantis Global Credit ETF by 10.7% in the fourth quarter. Plancorp LLC now owns 5,155 shares of the company’s stock worth $262,000 after acquiring an additional 500 shares in the last quarter.

Avantis Global Credit ETF Trading Up 0.4%

NASDAQ AVGB opened at $51.03 on Friday. The stock has a 50-day simple moving average of $51.02 and a 200 day simple moving average of $51.06. Avantis Global Credit ETF has a 12 month low of $50.35 and a 12 month high of $52.07.

Avantis Global Credit ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Tuesday, June 9th were issued a $0.2707 dividend. This represents a $1.08 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Tuesday, June 9th.

About Avantis Global Credit ETF

Avantis Credit ETF is an actively managed exchange-traded fund that aims to maximize total return. The fund invests primarily in investment-grade quality debt obligations from a diverse group of U.S. and non-U.S. issuers