Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) Short Interest Update

Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) saw a large decline in short interest in December. As of December 31st, there was short interest totaling 16,590 shares, a decline of 47.4% from the December 15th total of 31,514 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 12,853 shares, the days-to-cover ratio is presently 1.3 days. Based on an average trading volume of 12,853 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.5% of the shares of the stock are short sold.

Avantis Core Municipal Fixed Income ETF Price Performance

AVMU remained flat at $46.56 during midday trading on Thursday. 805 shares of the company’s stock traded hands, compared to its average volume of 9,481. Avantis Core Municipal Fixed Income ETF has a fifty-two week low of $42.23 and a fifty-two week high of $46.74. The stock’s 50-day moving average price is $46.06 and its 200 day moving average price is $45.35.

Institutional Investors Weigh In On Avantis Core Municipal Fixed Income ETF

Institutional investors have recently bought and sold shares of the company. Fourth Dimension Wealth LLC raised its holdings in shares of Avantis Core Municipal Fixed Income ETF by 13.6% during the second quarter. Fourth Dimension Wealth LLC now owns 4,682 shares of the company’s stock valued at $210,000 after acquiring an additional 561 shares during the last quarter. Nemes Rush Group LLC boosted its stake in shares of Avantis Core Municipal Fixed Income ETF by 14.6% in the second quarter. Nemes Rush Group LLC now owns 3,417 shares of the company’s stock worth $153,000 after acquiring an additional 436 shares during the last quarter. Flow Traders U.S. LLC increased its position in shares of Avantis Core Municipal Fixed Income ETF by 13.1% during the second quarter. Flow Traders U.S. LLC now owns 5,043 shares of the company’s stock worth $226,000 after purchasing an additional 585 shares in the last quarter. Finally, Crews Bank & Trust raised its stake in Avantis Core Municipal Fixed Income ETF by 61.8% in the 3rd quarter. Crews Bank & Trust now owns 15,127 shares of the company’s stock valued at $690,000 after purchasing an additional 5,780 shares during the last quarter.

Avantis Core Municipal Fixed Income ETF Company Profile

The Avantis Core Municipal Fixed Income ETF (AVMU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in investment-grade US municipal securities. AVMU was launched on Dec 8, 2020 and is managed by American Century Investments.