Avantis Global Credit ETF (NASDAQ:AVGB) Stock Short Interest Report for October

Avantis Global Credit ETF (NASDAQ:AVGB) was the recipient of a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 2,903 shares, a drop of 77.4% from the October 15th total of 12,859 shares. Based on an average daily trading volume, of 6,564 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the shares of the company are short sold.

Avantis Global Credit ETF Stock Down 0.1%

AVGB stock opened at $50.26 on Thursday. Avantis Global Credit ETF has a twelve month low of $49.51 and a twelve month high of $52.07. The business’s 50-day moving average price is $50.08 and its 200-day moving average price is $50.78.

Avantis Global Credit ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Tuesday, September 8th were issued a $0.5015 dividend. The ex-dividend date of this dividend was Tuesday, September 8th. This represents a $2.01 annualized dividend and a yield of 4.0%. This is a positive change from Avantis Global Credit ETF’s previous quarterly dividend of $0.2707.

Institutional Investors Weigh In On Avantis Global Credit ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Simplicity Wealth LLC bought a new position in shares of Avantis Global Credit ETF in the third quarter worth approximately $25,131,000. Park Avenue Securities LLC bought a new stake in shares of Avantis Global Credit ETF during the 3rd quarter valued at $9,662,000. CoreCap Advisors LLC bought a new stake in shares of Avantis Global Credit ETF during the 3rd quarter valued at $3,166,000. Werba Rubin Papier Wealth Management raised its position in shares of Avantis Global Credit ETF by 8.3% during the 3rd quarter. Werba Rubin Papier Wealth Management now owns 47,461 shares of the company’s stock valued at $2,355,000 after purchasing an additional 3,651 shares during the period. Finally, Herold Advisors Inc. lifted its stake in shares of Avantis Global Credit ETF by 16.1% during the 3rd quarter. Herold Advisors Inc. now owns 35,964 shares of the company’s stock valued at $1,785,000 after buying an additional 4,983 shares in the last quarter.

Avantis Global Credit ETF Company Profile

Avantis Credit ETF is an actively managed exchange-traded fund that aims to maximize total return. The fund invests primarily in investment-grade quality debt obligations from a diverse group of U.S. and non-U.S. issuers