Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF – Get Free Report) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 39,588 shares, a decline of 58.8% from the August 15th total of 96,069 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 34,038 shares, the days-to-cover ratio is presently 1.2 days.
Avantis Short-Term Fixed Income ETF Price Performance
Shares of NYSEARCA:AVSF traded up $0.01 during trading on Monday, hitting $45.88. The company’s stock had a trading volume of 17,299 shares, compared to its average volume of 78,916. The company has a 50-day moving average of $46.33 and a 200-day moving average of $46.58. Avantis Short-Term Fixed Income ETF has a 12 month low of $45.81 and a 12 month high of $47.38.
Institutional Investors Weigh In On Avantis Short-Term Fixed Income ETF
A number of hedge funds have recently modified their holdings of AVSF. Ameriprise Financial Inc. purchased a new position in Avantis Short-Term Fixed Income ETF during the third quarter valued at $403,000. Wilkerson Advisory Group LLC bought a new position in shares of Avantis Short-Term Fixed Income ETF during the 4th quarter valued at approximately $10,803,000. Bank of New York Mellon Corp purchased a new stake in Avantis Short-Term Fixed Income ETF in the 1st quarter worth approximately $1,193,000. Arkadios Wealth Advisors purchased a new stake in Avantis Short-Term Fixed Income ETF in the 1st quarter worth approximately $323,000. Finally, JDM Financial Group LLC raised its stake in Avantis Short-Term Fixed Income ETF by 7.5% during the 1st quarter. JDM Financial Group LLC now owns 4,768 shares of the company’s stock worth $223,000 after acquiring an additional 333 shares during the period.
About Avantis Short-Term Fixed Income ETF
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.
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