Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) Short Interest Down 68.0% in June

Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 12,192 shares, a decrease of 68.0% from the June 15th total of 38,060 shares. Based on an average daily trading volume, of 62,120 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Avantis Short-Term Fixed Income ETF Price Performance

Shares of AVSF traded down $0.04 during mid-day trading on Friday, hitting $46.38. The stock had a trading volume of 23,619 shares, compared to its average volume of 89,830. Avantis Short-Term Fixed Income ETF has a fifty-two week low of $46.32 and a fifty-two week high of $47.38. The company’s fifty day simple moving average is $46.55 and its two-hundred day simple moving average is $46.84.

Institutional Trading of Avantis Short-Term Fixed Income ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Wilkerson Advisory Group LLC acquired a new stake in Avantis Short-Term Fixed Income ETF during the fourth quarter worth about $10,803,000. Bank of New York Mellon Corp bought a new position in Avantis Short-Term Fixed Income ETF in the first quarter worth about $1,193,000. Strategic Blueprint LLC boosted its stake in Avantis Short-Term Fixed Income ETF by 7.7% in the fourth quarter. Strategic Blueprint LLC now owns 159,772 shares of the company’s stock valued at $7,523,000 after acquiring an additional 11,404 shares during the period. CoreCap Advisors LLC boosted its stake in Avantis Short-Term Fixed Income ETF by 28.7% in the fourth quarter. CoreCap Advisors LLC now owns 49,027 shares of the company’s stock valued at $2,308,000 after acquiring an additional 10,941 shares during the period. Finally, Ameriprise Financial Inc. bought a new position in shares of Avantis Short-Term Fixed Income ETF during the third quarter valued at approximately $403,000.

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.