Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) Short Interest Update

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

Institutional Trading of Avantis Short-Term Fixed Income ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Lodestone Wealth Management LLC bought a new position in shares of Avantis Short-Term Fixed Income ETF in the 4th quarter worth about $25,000. Ares Financial Consulting LLC acquired a new stake in Avantis Short-Term Fixed Income ETF during the fourth quarter worth approximately $28,000. JDM Financial Group LLC bought a new stake in Avantis Short-Term Fixed Income ETF in the fourth quarter worth approximately $209,000. Ameriprise Financial Inc. acquired a new position in Avantis Short-Term Fixed Income ETF in the third quarter valued at approximately $403,000. Finally, CoreCap Advisors LLC lifted its stake in Avantis Short-Term Fixed Income ETF by 4.9% in the third quarter. CoreCap Advisors LLC now owns 38,086 shares of the company’s stock valued at $1,798,000 after buying an additional 1,765 shares during the period.

Avantis Short-Term Fixed Income ETF Stock Down 0.1%

NYSEARCA AVSF traded down $0.03 on Friday, hitting $46.73. 43,798 shares of the company’s stock were exchanged, compared to its average volume of 107,157. The stock has a 50-day moving average of $47.15 and a 200-day moving average of $47.15. Avantis Short-Term Fixed Income ETF has a 52 week low of $46.08 and a 52 week high of $47.38.

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 is a boost from Avantis Short-Term Fixed Income ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Thursday, February 5th. This represents a c) annualized dividend and a dividend yield of 4.7%.

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.