Short Interest in Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) Rises By 21.1%

Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) was the target of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 43,276 shares, an increase of 21.1% from the January 15th total of 35,729 shares. Based on an average daily trading volume, of 70,596 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the company’s stock are short sold. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 70,596 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On Avantis Short-Term Fixed Income ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wilkerson Advisory Group LLC bought a new position in shares of Avantis Short-Term Fixed Income ETF during the 4th quarter worth approximately $10,803,000. JDM Financial Group LLC bought a new stake in Avantis Short-Term Fixed Income ETF in the 4th quarter valued at $209,000. Strategic Blueprint LLC lifted its holdings in Avantis Short-Term Fixed Income ETF by 7.7% during the 4th quarter. Strategic Blueprint LLC now owns 159,772 shares of the company’s stock valued at $7,523,000 after purchasing an additional 11,404 shares during the last quarter. Ares Financial Consulting LLC bought a new position in Avantis Short-Term Fixed Income ETF during the fourth quarter worth $28,000. Finally, Lodestone Wealth Management LLC bought a new position in Avantis Short-Term Fixed Income ETF during the fourth quarter worth $25,000.

Avantis Short-Term Fixed Income ETF Stock Up 0.1%

Shares of AVSF opened at $47.26 on Tuesday. Avantis Short-Term Fixed Income ETF has a twelve month low of $46.08 and a twelve month high of $47.37. The company has a 50 day moving average of $47.10 and a 200-day moving average of $47.13.

Avantis Short-Term Fixed Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, February 9th. Investors of record on Thursday, February 5th were given a $0.184 dividend. This represents a c) dividend on an annualized basis and a yield of 4.7%. This is an increase from Avantis Short-Term Fixed Income ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Thursday, February 5th.

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.