Avantis Global Credit ETF (NASDAQ:AVGB) Short Interest Update

Avantis Global Credit ETF (NASDAQ:AVGB) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 5,342 shares, a decrease of 41.4% from the July 15th total of 9,119 shares. Based on an average daily volume of 1,936 shares, the days-to-cover ratio is presently 2.8 days. Approximately 1.3% of the shares of the company are short sold.

Avantis Global Credit ETF Stock Down 0.0%

NASDAQ AVGB opened at $51.03 on Monday. Avantis Global Credit ETF has a 12-month low of $50.35 and a 12-month high of $52.07. The company has a fifty day simple moving average of $51.03 and a two-hundred day simple moving average of $51.02.

Avantis Global Credit ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Tuesday, June 9th were given a dividend of $0.2707 per share. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a $1.08 dividend on an annualized basis and a yield of 2.1%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Plancorp LLC lifted its holdings in shares of Avantis Global Credit ETF by 10.7% during the fourth quarter. Plancorp LLC now owns 5,155 shares of the company’s stock worth $262,000 after purchasing an additional 500 shares during the period. Jane Street Group LLC raised its position in Avantis Global Credit ETF by 39.7% during the 4th quarter. Jane Street Group LLC now owns 6,590 shares of the company’s stock worth $335,000 after buying an additional 1,872 shares during the last quarter. Finally, Beacon Pointe Advisors LLC acquired a new stake in Avantis Global Credit ETF during the 4th quarter valued at approximately $2,438,000.

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