Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) Stock Short Interest Jumps 2,249.4%

Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) saw a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 23,353 shares, a growth of 2,249.4% from the October 15th total of 994 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 48,419 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Avantis Short-Term Fixed Income ETF

A number of institutional investors have recently modified their holdings of the business. JDM Financial Group LLC grew its stake in shares of Avantis Short-Term Fixed Income ETF by 7.5% in the first quarter. JDM Financial Group LLC now owns 4,768 shares of the company’s stock valued at $223,000 after acquiring an additional 333 shares in the last quarter. Arkadios Wealth Advisors bought a new stake in Avantis Short-Term Fixed Income ETF in the 1st quarter valued at about $323,000. Finally, Bank of New York Mellon Corp bought a new stake in Avantis Short-Term Fixed Income ETF in the 1st quarter valued at about $1,193,000.

Avantis Short-Term Fixed Income ETF Price Performance

Shares of NYSEARCA AVSF traded down $0.07 during trading hours on Wednesday, reaching $45.70. 34,704 shares of the stock were exchanged, compared to its average volume of 80,571. The stock’s fifty day simple moving average is $45.81 and its 200 day simple moving average is $46.47. Avantis Short-Term Fixed Income ETF has a 52 week low of $45.48 and a 52 week 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.