Avantis Global Credit ETF (NASDAQ:AVGB – Get Free Report) saw a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 1,702 shares, a decrease of 52.1% from the April 15th total of 3,550 shares. Based on an average trading volume of 3,537 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.6% of the company’s shares are short sold.
Avantis Global Credit ETF Price Performance
Shares of NASDAQ AVGB remained flat at $50.97 on Friday. 737 shares of the stock were exchanged, compared to its average volume of 1,432. The firm’s fifty day moving average is $50.90 and its 200 day moving average is $51.14. Avantis Global Credit ETF has a one year low of $50.28 and a one year high of $52.07.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in AVGB. Plancorp LLC grew its stake in Avantis Global Credit ETF by 10.7% in the fourth quarter. Plancorp LLC now owns 5,155 shares of the company’s stock valued at $262,000 after acquiring an additional 500 shares during the period. Werba Rubin Papier Wealth Management raised its holdings in Avantis Global Credit ETF by 23.7% during the third quarter. Werba Rubin Papier Wealth Management now owns 5,344 shares of the company’s stock worth $274,000 after acquiring an additional 1,025 shares in the last quarter. Jane Street Group LLC raised its holdings in Avantis Global Credit ETF by 39.7% during the fourth quarter. Jane Street Group LLC now owns 6,590 shares of the company’s stock worth $335,000 after acquiring an additional 1,872 shares in the last quarter. Finally, Beacon Pointe Advisors LLC bought a new stake in Avantis Global Credit ETF in the fourth quarter valued at approximately $2,438,000.
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
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