Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Sees Large Growth in Short Interest

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 265,843 shares, an increase of 463.6% from the February 26th total of 47,169 shares. Based on an average daily volume of 249,405 shares, the short-interest ratio is currently 1.1 days. Approximately 0.7% of the shares of the company are short sold. Approximately 0.7% of the shares of the company are short sold. Based on an average daily volume of 249,405 shares, the short-interest ratio is currently 1.1 days.

Avantis Core Fixed Income ETF Price Performance

Shares of NYSEARCA:AVIG traded down $0.10 during trading hours on Tuesday, hitting $41.34. The stock had a trading volume of 261,619 shares, compared to its average volume of 225,302. The stock’s fifty day simple moving average is $42.01 and its 200 day simple moving average is $42.06. Avantis Core Fixed Income ETF has a 1-year low of $40.02 and a 1-year high of $42.54.

Avantis Core Fixed Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, February 9th. Investors of record on Thursday, February 5th were issued a $0.16 dividend. This is a positive change from Avantis Core Fixed Income ETF’s previous monthly dividend of $0.13. The ex-dividend date of this dividend was Thursday, February 5th. This represents a c) dividend on an annualized basis and a yield of 4.6%.

Institutional Trading of Avantis Core Fixed Income ETF

Several hedge funds have recently added to or reduced their stakes in the business. Align Financial LLC bought a new stake in Avantis Core Fixed Income ETF during the 4th quarter valued at $543,761,000. Janney Montgomery Scott LLC grew its stake in shares of Avantis Core Fixed Income ETF by 108.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 934,908 shares of the company’s stock worth $39,194,000 after purchasing an additional 486,278 shares in the last quarter. CoreCap Advisors LLC grew its stake in shares of Avantis Core Fixed Income ETF by 52.2% in the fourth quarter. CoreCap Advisors LLC now owns 119,387 shares of the company’s stock worth $5,005,000 after purchasing an additional 40,935 shares in the last quarter. Golden State Wealth Management LLC increased its holdings in shares of Avantis Core Fixed Income ETF by 7.9% during the fourth quarter. Golden State Wealth Management LLC now owns 17,930 shares of the company’s stock valued at $752,000 after purchasing an additional 1,311 shares during the period. Finally, Ares Financial Consulting LLC acquired a new position in shares of Avantis Core Fixed Income ETF during the fourth quarter valued at $582,000.

Avantis Core Fixed Income ETF Company Profile

The Avantis Core Fixed Income ETF (AVIG) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund offers an active exposure to a broad range of investment-grade debt securities from issuers around the globe. AVIG was launched on Oct 15, 2020 and is managed by American Century Investments.