Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU – Get Free Report) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 9,191 shares, a decline of 77.4% from the July 30th total of 40,591 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 28,024 shares, the days-to-cover ratio is presently 0.3 days.
Avantis Core Municipal Fixed Income ETF Trading Down 0.1%
Shares of NYSEARCA:AVMU traded down $0.05 on Friday, hitting $44.95. The company had a trading volume of 4,003 shares, compared to its average volume of 12,755. The firm’s 50-day simple moving average is $45.81 and its two-hundred day simple moving average is $46.15. Avantis Core Municipal Fixed Income ETF has a 1 year low of $44.16 and a 1 year high of $47.14.
Institutional Trading of Avantis Core Municipal Fixed Income ETF
Large investors have recently bought and sold shares of the company. Align Financial LLC purchased a new position in shares of Avantis Core Municipal Fixed Income ETF during the 4th quarter worth approximately $125,138,000. Flow Traders U.S. LLC lifted its stake in shares of Avantis Core Municipal Fixed Income ETF by 13.1% in the 2nd quarter. Flow Traders U.S. LLC now owns 5,043 shares of the company’s stock valued at $226,000 after purchasing an additional 585 shares during the period. Finally, Fourth Dimension Wealth LLC lifted its stake in shares of Avantis Core Municipal Fixed Income ETF by 6.0% in the 4th quarter. Fourth Dimension Wealth LLC now owns 4,123 shares of the company’s stock valued at $191,000 after purchasing an additional 235 shares during the period.
About Avantis Core Municipal Fixed Income ETF
The Avantis Core Municipal Fixed Income ETF (AVMU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in investment-grade US municipal securities. AVMU was launched on Dec 8, 2020 and is managed by American Century Investments.
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