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

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

Avantis Short-Term Fixed Income ETF Stock Performance

Shares of AVSF stock traded up $0.06 on Wednesday, hitting $46.36. The company had a trading volume of 8,999 shares, compared to its average volume of 83,214. Avantis Short-Term Fixed Income ETF has a twelve month low of $46.23 and a twelve month high of $47.38. The company has a 50-day moving average price of $46.45 and a 200-day moving average price of $46.73.

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

Several institutional investors have recently made changes to their positions in AVSF. JDM Financial Group LLC grew its position in Avantis Short-Term Fixed Income ETF by 7.5% during the first quarter. JDM Financial Group LLC now owns 4,768 shares of the company’s stock valued at $223,000 after buying an additional 333 shares during the period. Arkadios Wealth Advisors acquired a new position in shares of Avantis Short-Term Fixed Income ETF in the first quarter worth about $323,000. Bank of New York Mellon Corp acquired a new position in shares of Avantis Short-Term Fixed Income ETF in the first quarter worth about $1,193,000. Wilkerson Advisory Group LLC purchased a new stake in shares of Avantis Short-Term Fixed Income ETF during the 4th quarter worth about $10,803,000. Finally, Strategic Blueprint LLC boosted its stake in shares of Avantis Short-Term Fixed Income ETF by 7.7% during the 4th 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 in the last quarter.

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.