Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Short Interest Up 254.0% in April

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 236,507 shares, a growth of 254.0% from the April 15th total of 66,811 shares. Based on an average daily volume of 178,897 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.6% of the company’s stock are sold short.

Avantis Core Fixed Income ETF Stock Performance

NYSEARCA AVIG traded down $0.02 on Thursday, reaching $41.33. The stock had a trading volume of 108,251 shares, compared to its average volume of 293,505. The business has a 50 day moving average price of $41.64 and a 200 day moving average price of $41.92. Avantis Core Fixed Income ETF has a 1 year low of $40.49 and a 1 year high of $42.54.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Lodestone Wealth Management LLC purchased a new position in Avantis Core Fixed Income ETF in the fourth quarter valued at about $25,000. Farther Finance Advisors LLC purchased a new position in Avantis Core Fixed Income ETF in the fourth quarter valued at about $27,000. JPMorgan Chase & Co. purchased a new position in Avantis Core Fixed Income ETF in the second quarter valued at about $56,000. FSA Advisors Inc. purchased a new position in Avantis Core Fixed Income ETF in the first quarter valued at about $250,000. Finally, JDM Financial Group LLC purchased a new position in Avantis Core Fixed Income ETF in the fourth quarter valued at about $416,000.

About Avantis Core Fixed Income ETF

The Avantis Core Fixed Income ETF (AVIG) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund offers an active exposure to a broad range of investment-grade debt securities from issuers around the globe. AVIG was launched on Oct 15, 2020 and is managed by American Century Investments.