Avantis Global Credit ETF (NASDAQ:AVGB – Get Free Report) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 5,214 shares, an increase of 206.3% from the April 30th total of 1,702 shares. Currently, 1.7% of the shares of the stock are sold short. Based on an average daily volume of 4,608 shares, the short-interest ratio is presently 1.1 days.
Avantis Global Credit ETF Price Performance
Shares of Avantis Global Credit ETF stock opened at $51.30 on Friday. The firm has a 50 day simple moving average of $50.91 and a 200 day simple moving average of $51.09. Avantis Global Credit ETF has a fifty-two week low of $50.35 and a fifty-two week high of $52.07.
Institutional Trading of Avantis Global Credit ETF
A number of hedge funds and other institutional investors have recently modified their holdings of AVGB. Werba Rubin Papier Wealth Management grew its holdings in Avantis Global Credit ETF by 23.7% during the 3rd 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 during the period. Plancorp LLC grew its holdings in Avantis Global Credit ETF by 10.7% during the 4th quarter. Plancorp LLC now owns 5,155 shares of the company’s stock worth $262,000 after acquiring an additional 500 shares during the period. Jane Street Group LLC grew its holdings in Avantis Global Credit ETF by 39.7% during the 4th 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 during the period. Finally, Beacon Pointe Advisors LLC acquired a new stake in Avantis Global Credit ETF during the 4th quarter worth $2,438,000.
About Avantis Global Credit ETF
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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