Short Interest in Avantis Global Credit ETF (NASDAQ:AVGB) Drops By 41.4%

Avantis Global Credit ETF (NASDAQ:AVGBGet Free Report) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 5,342 shares, a decline of 41.4% from the July 15th total of 9,119 shares. Based on an average daily volume of 1,936 shares, the short-interest ratio is currently 2.8 days. Currently, 1.3% of the shares of the company are short sold.

Avantis Global Credit ETF Stock Up 0.0%

Shares of NASDAQ AVGB traded up $0.02 during trading hours on Wednesday, reaching $51.01. The stock had a trading volume of 325 shares, compared to its average volume of 2,164. The firm has a 50-day moving average of $51.03 and a 200-day moving average of $51.02. Avantis Global Credit ETF has a fifty-two week low of $50.35 and a fifty-two week high of $52.07.

Avantis Global Credit ETF Dividend Announcement

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

Hedge Funds Weigh In On Avantis Global Credit ETF

A number of institutional investors have recently modified their holdings of the business. Beacon Pointe Advisors LLC acquired a new stake in Avantis Global Credit ETF during the 4th quarter worth $2,438,000. Jane Street Group LLC grew its position in Avantis Global Credit ETF by 39.7% during the 4th 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 increased its stake in Avantis Global Credit ETF by 10.7% in the fourth quarter. Plancorp LLC now owns 5,155 shares of the company’s stock valued at $262,000 after purchasing an additional 500 shares during the period.

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

Further Reading

Receive News & Ratings for Avantis Global Credit ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avantis Global Credit ETF and related companies with MarketBeat.com's FREE daily email newsletter.