Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Sees Significant Growth in Short Interest

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 101,391 shares, a growth of 474.6% from the June 30th total of 17,647 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 431,160 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Lodestone Wealth Management LLC bought a new stake in Avantis Core Fixed Income ETF during the fourth quarter worth approximately $25,000. Farther Finance Advisors LLC bought a new position in Avantis Core Fixed Income ETF during the 4th quarter valued at $27,000. NewEdge Advisors LLC bought a new position in Avantis Core Fixed Income ETF during the 1st quarter valued at $30,000. JPMorgan Chase & Co. bought a new position in Avantis Core Fixed Income ETF during the 2nd quarter valued at $56,000. Finally, Lam Group Inc. increased its position in shares of Avantis Core Fixed Income ETF by 17,750.0% during the 2nd quarter. Lam Group Inc. now owns 1,785 shares of the company’s stock valued at $74,000 after purchasing an additional 1,775 shares during the period.

Avantis Core Fixed Income ETF Stock Up 0.1%

Shares of AVIG stock traded up $0.04 during midday trading on Friday, reaching $40.76. 137,792 shares of the company were exchanged, compared to its average volume of 304,464. Avantis Core Fixed Income ETF has a 12 month low of $40.68 and a 12 month high of $42.54. The company’s 50 day moving average price is $41.22 and its two-hundred day moving average price is $41.62.

Avantis Core Fixed Income ETF Company Profile

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.