Short Interest in Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) Expands By 37.3%

Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 7,000 shares, an increase of 37.3% from the September 30th total of 5,100 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 8,100 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily volume of 8,100 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On Avantis Core Municipal Fixed Income ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Nemes Rush Group LLC lifted its position in Avantis Core Municipal Fixed Income ETF by 63.1% during the 1st quarter. Nemes Rush Group LLC now owns 2,981 shares of the company’s stock worth $136,000 after buying an additional 1,153 shares in the last quarter. Fourth Dimension Wealth LLC lifted its position in Avantis Core Municipal Fixed Income ETF by 13.6% during the 2nd quarter. Fourth Dimension Wealth LLC now owns 4,682 shares of the company’s stock worth $210,000 after buying an additional 561 shares in the last quarter. Flow Traders U.S. LLC raised its holdings in Avantis Core Municipal Fixed Income ETF by 13.1% during the 2nd quarter. Flow Traders U.S. LLC now owns 5,043 shares of the company’s stock worth $226,000 after purchasing an additional 585 shares during the last quarter. Finally, Crews Bank & Trust raised its holdings in Avantis Core Municipal Fixed Income ETF by 61.8% during the 3rd quarter. Crews Bank & Trust now owns 15,127 shares of the company’s stock worth $690,000 after purchasing an additional 5,780 shares during the last quarter.

Avantis Core Municipal Fixed Income ETF Trading Down 0.1%

AVMU stock traded down $0.06 on Tuesday, reaching $45.90. 1,353 shares of the company were exchanged, compared to its average volume of 18,036. Avantis Core Municipal Fixed Income ETF has a 12 month low of $42.23 and a 12 month high of $47.04. The stock’s fifty day moving average price is $45.51 and its 200 day moving average price is $44.80.

Avantis Core Municipal Fixed Income ETF Company Profile

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.