Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) Sees Large Decline in Short Interest

Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMUGet Free Report) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 9,191 shares, a decline of 77.4% from the July 30th total of 40,591 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 28,024 shares, the short-interest ratio is presently 0.3 days.

Avantis Core Municipal Fixed Income ETF Trading Down 0.3%

AVMU traded down $0.12 on Thursday, reaching $44.97. The company’s stock had a trading volume of 5,471 shares, compared to its average volume of 12,805. The business’s 50 day moving average is $45.84 and its 200 day moving average is $46.16. Avantis Core Municipal Fixed Income ETF has a 1 year low of $44.16 and a 1 year high of $47.14.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of AVMU. Align Financial LLC acquired a new stake in Avantis Core Municipal Fixed Income ETF during the 4th quarter worth about $125,138,000. Flow Traders U.S. LLC grew its stake in Avantis Core Municipal Fixed Income ETF by 13.1% during the 2nd quarter. Flow Traders U.S. LLC now owns 5,043 shares of the company’s stock valued at $226,000 after acquiring an additional 585 shares in the last quarter. Finally, Fourth Dimension Wealth LLC increased its holdings in shares of Avantis Core Municipal Fixed Income ETF by 6.0% in the 4th quarter. Fourth Dimension Wealth LLC now owns 4,123 shares of the company’s stock valued at $191,000 after purchasing an additional 235 shares during the period.

Avantis Core Municipal Fixed Income ETF Company Profile

(Get Free Report)

The Avantis Core Municipal Fixed Income ETF (AVMU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in investment-grade US municipal securities. AVMU was launched on Dec 8, 2020 and is managed by American Century Investments.

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