Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) Short Interest Update

Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 16,590 shares, a decline of 47.4% from the December 15th total of 31,514 shares. Based on an average daily volume of 12,853 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.5% of the shares of the stock are sold short. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 12,853 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Nemes Rush Group LLC boosted its holdings in shares of Avantis Core Municipal Fixed Income ETF by 14.6% during the 2nd quarter. Nemes Rush Group LLC now owns 3,417 shares of the company’s stock worth $153,000 after purchasing an additional 436 shares during the last quarter. Fourth Dimension Wealth LLC increased its holdings in shares of Avantis Core Municipal Fixed Income ETF by 13.6% in the second quarter. Fourth Dimension Wealth LLC now owns 4,682 shares of the company’s stock valued at $210,000 after purchasing an additional 561 shares during the last quarter. Flow Traders U.S. LLC increased its holdings in shares of Avantis Core Municipal Fixed Income ETF by 13.1% in the second 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 last quarter. Finally, Crews Bank & Trust lifted its position in Avantis Core Municipal Fixed Income ETF by 61.8% during the third quarter. Crews Bank & Trust now owns 15,127 shares of the company’s stock worth $690,000 after buying an additional 5,780 shares in the last quarter.

Avantis Core Municipal Fixed Income ETF Price Performance

Shares of NYSEARCA AVMU remained flat at $46.56 during mid-day trading on Thursday. 805 shares of the stock were exchanged, compared to its average volume of 9,481. The business has a fifty day simple moving average of $46.06 and a 200-day simple moving average of $45.35. Avantis Core Municipal Fixed Income ETF has a 1-year low of $42.23 and a 1-year high of $46.74.

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.