Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Sees Large Decrease in Short Interest

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 17,647 shares, a decline of 75.9% from the June 15th total of 73,365 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 257,352 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of AVIG. CoreCap Advisors LLC raised its stake in shares of Avantis Core Fixed Income ETF by 52.2% during the fourth quarter. CoreCap Advisors LLC now owns 119,387 shares of the company’s stock worth $5,005,000 after buying an additional 40,935 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in Avantis Core Fixed Income ETF by 45.7% during the first quarter. Janney Montgomery Scott LLC now owns 1,362,193 shares of the company’s stock worth $56,586,000 after buying an additional 427,285 shares during the last quarter. Align Financial LLC bought a new stake in shares of Avantis Core Fixed Income ETF in the 4th quarter valued at about $543,761,000. Ares Financial Consulting LLC bought a new stake in shares of Avantis Core Fixed Income ETF in the 4th quarter valued at about $582,000. Finally, NewEdge Advisors LLC acquired a new stake in shares of Avantis Core Fixed Income ETF in the 1st quarter valued at approximately $30,000.

Avantis Core Fixed Income ETF Price Performance

Avantis Core Fixed Income ETF stock traded down $0.14 during mid-day trading on Monday, hitting $40.89. The stock had a trading volume of 140,485 shares, compared to its average volume of 312,608. The stock has a 50-day simple moving average of $41.31 and a two-hundred day simple moving average of $41.69. Avantis Core Fixed Income ETF has a 12 month low of $40.81 and a 12 month high of $42.54.

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.