Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) Short Interest Up 344.5% in July

Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 78,492 shares, a growth of 344.5% from the July 15th total of 17,660 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average trading volume of 46,929 shares, the short-interest ratio is currently 1.7 days.

Avantis Short-Term Fixed Income ETF Stock Down 0.1%

AVSF traded down $0.05 on Friday, hitting $46.38. 6,677 shares of the company traded hands, compared to its average volume of 82,680. Avantis Short-Term Fixed Income ETF has a 12-month low of $46.23 and a 12-month high of $47.38. The company has a 50 day moving average of $46.44 and a 200-day moving average of $46.72.

Hedge Funds Weigh In On Avantis Short-Term Fixed Income ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of AVSF. Bank of New York Mellon Corp acquired a new stake in shares of Avantis Short-Term Fixed Income ETF in the 1st quarter worth $1,193,000. Strategic Blueprint LLC increased its stake in shares of Avantis Short-Term Fixed Income ETF by 7.7% during the fourth quarter. Strategic Blueprint LLC now owns 159,772 shares of the company’s stock worth $7,523,000 after acquiring an additional 11,404 shares during the period. JDM Financial Group LLC acquired a new position in shares of Avantis Short-Term Fixed Income ETF during the fourth quarter worth about $209,000. Ares Financial Consulting LLC purchased a new position in Avantis Short-Term Fixed Income ETF during the fourth quarter worth about $28,000. Finally, Wilkerson Advisory Group LLC purchased a new position in Avantis Short-Term Fixed Income ETF during the fourth quarter worth about $10,803,000.

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.