Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) Sees Significant Drop in Short Interest

Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) was the target of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 48,106 shares, a decline of 48.3% from the February 12th total of 93,031 shares. Based on an average daily trading volume, of 64,849 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the company’s shares are short sold. Approximately 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 64,849 shares, the short-interest ratio is presently 0.7 days.

Avantis Short-Term Fixed Income ETF Trading Down 0.3%

Shares of AVSF traded down $0.14 during mid-day trading on Thursday, reaching $46.76. 105,886 shares of the company’s stock traded hands, compared to its average volume of 108,479. The stock’s 50-day moving average is $47.16 and its two-hundred day moving average is $47.15. Avantis Short-Term Fixed Income ETF has a 12 month low of $46.08 and a 12 month high of $47.38.

Avantis Short-Term Fixed Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, February 9th. Shareholders of record on Thursday, February 5th were given a $0.184 dividend. This is a boost from Avantis Short-Term Fixed Income ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Thursday, February 5th. This represents a c) annualized dividend and a yield of 4.7%.

Institutional Trading of Avantis Short-Term Fixed Income ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Lodestone Wealth Management LLC bought a new position in shares of Avantis Short-Term Fixed Income ETF in the fourth quarter worth about $25,000. Ares Financial Consulting LLC purchased a new stake in Avantis Short-Term Fixed Income ETF in the 4th quarter valued at about $28,000. JDM Financial Group LLC bought a new position in Avantis Short-Term Fixed Income ETF in the 4th quarter worth about $209,000. Ameriprise Financial Inc. purchased a new position in shares of Avantis Short-Term Fixed Income ETF during the third quarter worth approximately $403,000. Finally, CoreCap Advisors LLC increased its position in shares of Avantis Short-Term Fixed Income ETF by 4.9% during the third quarter. CoreCap Advisors LLC now owns 38,086 shares of the company’s stock worth $1,798,000 after acquiring an additional 1,765 shares during the period.

Avantis Short-Term Fixed Income ETF Company Profile

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.