Avantis Global Credit ETF (NASDAQ:AVGB) Short Interest Up 109.1% in June

Avantis Global Credit ETF (NASDAQ:AVGBGet Free Report) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 4,538 shares, an increase of 109.1% from the May 31st total of 2,170 shares. Currently, 1.5% of the company’s stock are sold short. Based on an average trading volume of 980 shares, the short-interest ratio is presently 4.6 days.

Institutional Trading of Avantis Global Credit ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Beacon Pointe Advisors LLC acquired a new position in shares of Avantis Global Credit ETF in the 4th quarter worth approximately $2,438,000. Werba Rubin Papier Wealth Management lifted its stake in Avantis Global Credit ETF by 194.0% during the fourth quarter. Werba Rubin Papier Wealth Management now owns 15,711 shares of the company’s stock worth $798,000 after purchasing an additional 10,367 shares during the last quarter. Jane Street Group LLC lifted its stake in Avantis Global Credit ETF by 39.7% during the fourth quarter. Jane Street Group LLC now owns 6,590 shares of the company’s stock worth $335,000 after purchasing an additional 1,872 shares during the last quarter. Finally, Plancorp LLC boosted its holdings in Avantis Global Credit ETF by 10.7% in the fourth quarter. Plancorp LLC now owns 5,155 shares of the company’s stock worth $262,000 after purchasing an additional 500 shares during the period.

Avantis Global Credit ETF Price Performance

AVGB opened at $51.12 on Thursday. The company has a 50-day moving average of $51.05 and a 200-day moving average of $51.00. Avantis Global Credit ETF has a 1-year low of $50.35 and a 1-year high of $52.07.

Avantis Global Credit ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Tuesday, June 9th were issued a $0.2707 dividend. This represents a $1.08 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, June 9th.

About Avantis Global Credit ETF

(Get Free Report)

Avantis Credit ETF is an actively managed exchange-traded fund that aims to maximize total return. The fund invests primarily in investment-grade quality debt obligations from a diverse group of U.S. and non-U.S. issuers

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