Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) Sees Significant Decline in Short Interest

Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) was the target of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 48,106 shares, a decrease of 48.3% from the February 12th total of 93,031 shares. Based on an average daily volume of 64,849 shares, the short-interest ratio is presently 0.7 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 64,849 shares, the short-interest ratio is presently 0.7 days.

Avantis Short-Term Fixed Income ETF Price Performance

Shares of NYSEARCA:AVSF traded down $0.14 during trading on Thursday, hitting $46.76. The company had a trading volume of 105,886 shares, compared to its average volume of 108,479. Avantis Short-Term Fixed Income ETF has a one year low of $46.08 and a one year high of $47.38. The company has a fifty day simple moving average of $47.16 and a two-hundred day simple moving average of $47.15.

Avantis Short-Term Fixed Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, February 9th. Investors of record on Thursday, February 5th were issued a dividend of $0.184 per share. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date was Thursday, February 5th. This is a boost from Avantis Short-Term Fixed Income ETF’s previous monthly dividend of $0.15.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of AVSF. Wilkerson Advisory Group LLC bought a new position in Avantis Short-Term Fixed Income ETF during the fourth quarter valued at $10,803,000. JDM Financial Group LLC purchased a new position in shares of Avantis Short-Term Fixed Income ETF during the 4th quarter worth about $209,000. Strategic Blueprint LLC boosted its stake in shares of Avantis Short-Term Fixed Income ETF by 7.7% during the 4th quarter. Strategic Blueprint LLC now owns 159,772 shares of the company’s stock worth $7,523,000 after purchasing an additional 11,404 shares during the period. Ares Financial Consulting LLC bought a new position in Avantis Short-Term Fixed Income ETF during the 4th quarter valued at about $28,000. Finally, Lodestone Wealth Management LLC bought a new position in Avantis Short-Term Fixed Income ETF during the 4th quarter valued at about $25,000.

Avantis Short-Term Fixed Income ETF Company Profile

The Avantis Short-Term Fixed Income ETF (AVSF) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF investing in investment-grade, short-term fixed income securities across sectors from issuers around the globe. AVSF was launched on Oct 15, 2020 and is managed by American Century Investments.