Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Sees Large Decrease in Short Interest

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 73,365 shares, a decrease of 54.8% from the May 31st total of 162,391 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 441,879 shares, the days-to-cover ratio is presently 0.2 days.

Avantis Core Fixed Income ETF Price Performance

NYSEARCA:AVIG traded down $0.06 during trading hours on Wednesday, hitting $41.35. 257,429 shares of the company traded hands, compared to its average volume of 300,751. The firm’s 50-day simple moving average is $41.38 and its 200-day simple moving average is $41.73. Avantis Core Fixed Income ETF has a one year low of $40.81 and a one year high of $42.54.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in AVIG. JPMorgan Chase & Co. bought a new stake in Avantis Core Fixed Income ETF in the second quarter worth about $56,000. CoreCap Advisors LLC increased its stake 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 purchasing an additional 40,935 shares during the last quarter. Lodestone Wealth Management LLC purchased a new stake in shares of Avantis Core Fixed Income ETF during the 4th quarter worth approximately $25,000. Farther Finance Advisors LLC bought a new stake in shares of Avantis Core Fixed Income ETF in the 4th quarter worth approximately $27,000. Finally, Ares Financial Consulting LLC bought a new stake in shares of Avantis Core Fixed Income ETF in the 4th quarter worth approximately $582,000.

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.