Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) Sees Significant Drop in Short Interest

Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 12,192 shares, a drop of 68.0% from the June 15th total of 38,060 shares. Based on an average trading volume of 62,120 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Avantis Short-Term Fixed Income ETF Price Performance

NYSEARCA:AVSF traded down $0.04 during midday trading on Friday, hitting $46.38. 23,619 shares of the stock were exchanged, compared to its average volume of 89,830. Avantis Short-Term Fixed Income ETF has a one year low of $46.32 and a one year high of $47.38. The business has a 50-day moving average price of $46.55 and a two-hundred day moving average price of $46.84.

Hedge Funds Weigh In On Avantis Short-Term Fixed Income ETF

Hedge funds have recently modified their holdings of the company. Wilkerson Advisory Group LLC acquired a new stake in shares of Avantis Short-Term Fixed Income ETF in the fourth quarter valued at $10,803,000. Strategic Blueprint LLC boosted its stake in Avantis Short-Term Fixed Income ETF by 7.7% during the fourth quarter. Strategic Blueprint LLC now owns 159,772 shares of the company’s stock valued at $7,523,000 after buying an additional 11,404 shares in the last quarter. 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 worth $2,308,000 after acquiring an additional 10,941 shares during the period. Bank of New York Mellon Corp acquired a new position in Avantis Short-Term Fixed Income ETF during the first quarter worth about $1,193,000. Finally, Ameriprise Financial Inc. acquired a new position in Avantis Short-Term Fixed Income ETF during the third quarter worth about $403,000.

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.