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

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 73,365 shares, a decrease of 54.8% from the May 31st total of 162,391 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 441,879 shares, the short-interest ratio is presently 0.2 days.

Avantis Core Fixed Income ETF Price Performance

AVIG stock opened at $41.55 on Monday. Avantis Core Fixed Income ETF has a 52-week low of $40.81 and a 52-week high of $42.54. The company’s 50-day simple moving average is $41.39 and its 200-day simple moving average is $41.73.

Hedge Funds Weigh In On Avantis Core Fixed Income ETF

A number of large investors have recently bought and sold shares of AVIG. NewEdge Advisors LLC acquired a new stake in Avantis Core Fixed Income ETF in the first quarter valued at approximately $30,000. JDM Financial Group LLC raised its stake in shares of Avantis Core Fixed Income ETF by 7.5% during the 1st quarter. JDM Financial Group LLC now owns 10,658 shares of the company’s stock worth $443,000 after buying an additional 744 shares during the period. FSA Advisors Inc. purchased a new stake in Avantis Core Fixed Income ETF in the 1st quarter worth $250,000. Janney Montgomery Scott LLC increased its holdings in Avantis Core Fixed Income ETF by 45.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,362,193 shares of the company’s stock worth $56,586,000 after acquiring an additional 427,285 shares in the last quarter. Finally, Align Financial LLC acquired a new position in Avantis Core Fixed Income ETF during the fourth quarter worth $543,761,000.

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.