Short Interest in Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) Declines By 77.4%

Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMUGet Free Report) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 9,191 shares, a drop of 77.4% from the July 30th total of 40,591 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 28,024 shares, the short-interest ratio is presently 0.3 days.

Avantis Core Municipal Fixed Income ETF Stock Down 0.3%

Avantis Core Municipal Fixed Income ETF stock traded down $0.12 during trading on Thursday, reaching $44.97. The stock had a trading volume of 5,471 shares, compared to its average volume of 12,805. Avantis Core Municipal Fixed Income ETF has a 52-week low of $44.16 and a 52-week high of $47.14. The business has a 50 day moving average price of $45.84 and a 200 day moving average price of $46.16.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Align Financial LLC acquired a new position in shares of Avantis Core Municipal Fixed Income ETF in the fourth quarter valued at approximately $125,138,000. Flow Traders U.S. LLC grew its holdings in Avantis Core Municipal Fixed Income ETF by 13.1% in the second quarter. Flow Traders U.S. LLC now owns 5,043 shares of the company’s stock valued at $226,000 after purchasing an additional 585 shares during the last quarter. Finally, Fourth Dimension Wealth LLC increased its holdings in Avantis Core Municipal Fixed Income ETF by 6.0% during the 4th quarter. Fourth Dimension Wealth LLC now owns 4,123 shares of the company’s stock valued at $191,000 after acquiring an additional 235 shares in the last quarter.

Avantis Core Municipal Fixed Income ETF Company Profile

(Get Free Report)

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.

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