Short Interest in Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) Declines By 49.7%

Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) was the target of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 24,220 shares, a decrease of 49.7% from the February 26th total of 48,106 shares. Based on an average daily trading volume, of 51,814 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the company’s stock are short sold.

Avantis Short-Term Fixed Income ETF Stock Up 0.1%

Avantis Short-Term Fixed Income ETF stock traded up $0.05 during midday trading on Friday, hitting $46.59. 101,656 shares of the company’s stock were exchanged, compared to its average volume of 98,921. The firm has a 50-day moving average of $47.06 and a two-hundred day moving average of $47.11. Avantis Short-Term Fixed Income ETF has a 12 month low of $46.08 and a 12 month high of $47.38.

Avantis Short-Term Fixed Income ETF Increases Dividend

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Strategic Blueprint LLC lifted its position in shares of Avantis Short-Term Fixed Income ETF by 7.7% during the fourth quarter. Strategic Blueprint LLC now owns 159,772 shares of the company’s stock valued at $7,523,000 after buying an additional 11,404 shares during the last quarter. JDM Financial Group LLC purchased a new position in shares of Avantis Short-Term Fixed Income ETF in the 4th quarter worth approximately $209,000. CoreCap Advisors LLC raised its stake in shares of Avantis Short-Term Fixed Income ETF by 4.9% during the 3rd quarter. CoreCap Advisors LLC now owns 38,086 shares of the company’s stock worth $1,798,000 after acquiring an additional 1,765 shares in the last quarter. Lodestone Wealth Management LLC bought a new position in shares of Avantis Short-Term Fixed Income ETF during the 4th quarter worth approximately $25,000. Finally, Wilkerson Advisory Group LLC purchased a new stake in Avantis Short-Term Fixed Income ETF during the fourth quarter valued at approximately $10,803,000.

About Avantis Short-Term Fixed Income ETF

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.