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

Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 24,800 shares, a drop of 33.0% from the September 30th total of 37,000 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 40,300 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 40,300 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the company’s shares are sold short.

Avantis Short-Term Fixed Income ETF Stock Down 0.3%

Shares of NYSEARCA AVSF traded down $0.16 during trading on Monday, hitting $47.01. 35,843 shares of the company traded hands, compared to its average volume of 39,910. The company has a 50-day moving average price of $47.20 and a 200-day moving average price of $46.93. Avantis Short-Term Fixed Income ETF has a 1 year low of $45.93 and a 1 year high of $47.37.

Institutional Investors Weigh In On Avantis Short-Term Fixed Income ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Flow Traders U.S. LLC increased its stake in Avantis Short-Term Fixed Income ETF by 265.9% during the first quarter. Flow Traders U.S. LLC now owns 76,573 shares of the company’s stock worth $3,579,000 after acquiring an additional 55,645 shares during the last quarter. Strategic Blueprint LLC grew its holdings in shares of Avantis Short-Term Fixed Income ETF by 8.7% during the 2nd quarter. Strategic Blueprint LLC now owns 143,000 shares of the company’s stock worth $6,725,000 after purchasing an additional 11,447 shares during the period. OLD Mission Capital LLC acquired a new stake in Avantis Short-Term Fixed Income ETF during the 1st quarter worth approximately $464,000. Finally, CoreCap Advisors LLC increased its position in 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 purchasing an additional 1,765 shares in the last quarter.

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.