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

Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 12,519 shares, a decline of 46.2% from the May 31st total of 23,262 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average trading volume of 9,098 shares, the days-to-cover ratio is presently 1.4 days.

Institutional Investors Weigh In On Avantis Core Municipal Fixed Income ETF

Institutional investors have recently added to or reduced their stakes in the company. Align Financial LLC bought a new position in shares of Avantis Core Municipal Fixed Income ETF during the 4th quarter worth approximately $125,138,000. Fourth Dimension Wealth LLC boosted 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 worth $191,000 after buying an additional 235 shares during the last quarter. Finally, Flow Traders U.S. LLC grew 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 acquiring an additional 585 shares in the last quarter.

Avantis Core Municipal Fixed Income ETF Price Performance

Shares of NYSEARCA AVMU remained flat at $46.58 during trading on Wednesday. 1,706 shares of the stock traded hands, compared to its average volume of 10,838. The company’s 50 day moving average price is $46.31 and its two-hundred day moving average price is $46.36. Avantis Core Municipal Fixed Income ETF has a 12-month low of $43.83 and a 12-month high of $47.14.

Avantis Core Municipal Fixed Income ETF Company Profile

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.