Avantis Global Credit ETF (NASDAQ:AVGB – Get Free Report) saw a large drop in short interest in April. As of April 30th, there was short interest totaling 1,702 shares, a drop of 52.1% from the April 15th total of 3,550 shares. Based on an average trading volume of 3,537 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.6% of the shares of the stock are short sold.
Hedge Funds Weigh In On Avantis Global Credit ETF
Institutional investors have recently bought and sold shares of the company. Plancorp LLC lifted 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 last quarter. Werba Rubin Papier Wealth Management lifted its position in shares of Avantis Global Credit ETF by 23.7% during the third quarter. Werba Rubin Papier Wealth Management now owns 5,344 shares of the company’s stock worth $274,000 after acquiring an additional 1,025 shares in the last quarter. Jane Street Group LLC lifted its position in shares of Avantis Global Credit ETF by 39.7% during the fourth quarter. Jane Street Group LLC now owns 6,590 shares of the company’s stock worth $335,000 after acquiring an additional 1,872 shares in the last quarter. Finally, Beacon Pointe Advisors LLC purchased a new stake in shares of Avantis Global Credit ETF during the fourth quarter worth $2,438,000.
Avantis Global Credit ETF Stock Performance
Shares of AVGB stock remained flat at $50.97 during mid-day trading on Friday. The stock had a trading volume of 737 shares, compared to its average volume of 1,432. Avantis Global Credit ETF has a 1 year low of $50.28 and a 1 year high of $52.07. The stock’s 50 day simple moving average is $50.90 and its two-hundred day simple moving average is $51.14.
About Avantis Global Credit ETF
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
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