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

Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) saw a large growth in short interest in 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. Based on an average daily volume of 48,419 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the shares of the stock are sold short.

Hedge Funds Weigh In On Avantis Short-Term Fixed Income ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. JDM Financial Group LLC grew its stake in Avantis Short-Term Fixed Income ETF by 7.5% during the first quarter. JDM Financial Group LLC now owns 4,768 shares of the company’s stock worth $223,000 after buying an additional 333 shares during the last quarter. Arkadios Wealth Advisors bought a new position in shares of Avantis Short-Term Fixed Income ETF in the first quarter valued at approximately $323,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Avantis Short-Term Fixed Income ETF in the first quarter valued at approximately $1,193,000.

Avantis Short-Term Fixed Income ETF Stock Down 0.2%

Shares of AVSF traded down $0.10 during trading hours on Thursday, hitting $45.63. The stock had a trading volume of 16,112 shares, compared to its average volume of 80,313. The company’s fifty day moving average is $45.80 and its two-hundred day 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.