Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) Sees Large Growth in Short Interest

Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 78,492 shares, an increase of 344.5% from the July 15th total of 17,660 shares. Based on an average daily volume of 46,929 shares, the short-interest ratio is currently 1.7 days. Currently, 0.6% of the shares of the stock are sold short.

Avantis Short-Term Fixed Income ETF Trading Up 0.2%

NYSEARCA:AVSF traded up $0.09 during trading hours on Thursday, reaching $46.43. 35,909 shares of the company’s stock were exchanged, compared to its average volume of 83,173. Avantis Short-Term Fixed Income ETF has a 12 month low of $46.23 and a 12 month high of $47.38. The business’s 50-day simple moving average is $46.44 and its two-hundred day simple moving average is $46.72.

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

Large investors have recently modified their holdings of the stock. Ares Financial Consulting LLC acquired a new position in shares of Avantis Short-Term Fixed Income ETF in the 4th quarter worth $28,000. JDM Financial Group LLC acquired a new position in shares of Avantis Short-Term Fixed Income ETF in the 4th quarter valued at $209,000. Arkadios Wealth Advisors acquired a new position in shares of Avantis Short-Term Fixed Income ETF in the 1st quarter valued at $323,000. Ameriprise Financial Inc. acquired a new position in shares of Avantis Short-Term Fixed Income ETF in the 3rd quarter valued at $403,000. Finally, Bank of New York Mellon Corp purchased a new position in Avantis Short-Term Fixed Income ETF in the 1st quarter worth about $1,193,000.

Avantis Short-Term Fixed Income ETF Company Profile

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.