Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) Sees Large Increase in Short Interest

Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 17,630 shares, a growth of 159.9% from the April 15th total of 6,784 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 64,926 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Lodestone Wealth Management LLC acquired a new stake in shares of Avantis Short-Term Fixed Income ETF during the fourth quarter worth $25,000. Ares Financial Consulting LLC bought a new position in Avantis Short-Term Fixed Income ETF during the fourth quarter worth about $28,000. JDM Financial Group LLC acquired a new position in shares of Avantis Short-Term Fixed Income ETF during the 4th quarter worth about $209,000. Ameriprise Financial Inc. bought a new stake in shares of Avantis Short-Term Fixed Income ETF in the 3rd quarter valued at about $403,000. Finally, CoreCap Advisors LLC grew its holdings in Avantis Short-Term Fixed Income ETF by 28.7% during the fourth quarter. CoreCap Advisors LLC now owns 49,027 shares of the company’s stock valued at $2,308,000 after purchasing an additional 10,941 shares during the period.

Avantis Short-Term Fixed Income ETF Price Performance

Shares of AVSF opened at $46.56 on Friday. The business’s 50 day simple moving average is $46.78 and its 200-day simple moving average is $47.01. Avantis Short-Term Fixed Income ETF has a one year low of $46.49 and a one year high of $47.38.

About Avantis Short-Term Fixed Income ETF

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.