Short Interest in Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) Rises By 159.9%

Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 17,630 shares, an increase of 159.9% from the April 15th total of 6,784 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 64,926 shares, the days-to-cover ratio is currently 0.3 days.

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

Several institutional investors have recently made changes to their positions in the company. Lodestone Wealth Management LLC purchased a new stake in Avantis Short-Term Fixed Income ETF in the 4th quarter worth $25,000. Ares Financial Consulting LLC purchased a new stake in Avantis Short-Term Fixed Income ETF in the 4th quarter worth $28,000. JDM Financial Group LLC purchased a new stake in Avantis Short-Term Fixed Income ETF in the 4th quarter worth $209,000. Ameriprise Financial Inc. purchased a new stake in Avantis Short-Term Fixed Income ETF in the 3rd quarter worth $403,000. Finally, Bank of New York Mellon Corp purchased a new stake in Avantis Short-Term Fixed Income ETF in the 1st quarter worth $1,193,000.

Avantis Short-Term Fixed Income ETF Stock Down 0.2%

NYSEARCA:AVSF opened at $46.47 on Friday. The company has a 50 day moving average price of $46.76 and a 200-day moving average price of $47.01. Avantis Short-Term Fixed Income ETF has a 1-year low of $46.46 and a 1-year 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.