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

Avantis Global Credit ETF (NASDAQ:AVGB) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 2,170 shares, a decline of 58.4% from the May 14th total of 5,214 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average trading volume of 14,604 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Avantis Global Credit ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AVGB. Werba Rubin Papier Wealth Management increased its holdings in Avantis Global Credit ETF by 194.0% in the fourth quarter. Werba Rubin Papier Wealth Management now owns 15,711 shares of the company’s stock valued at $798,000 after purchasing an additional 10,367 shares during the last quarter. Plancorp LLC increased its holdings in Avantis Global Credit ETF by 10.7% in the fourth quarter. Plancorp LLC now owns 5,155 shares of the company’s stock valued at $262,000 after purchasing an additional 500 shares during the last quarter. Jane Street Group LLC increased its holdings in Avantis Global Credit ETF by 39.7% in the fourth quarter. Jane Street Group LLC now owns 6,590 shares of the company’s stock valued at $335,000 after purchasing an additional 1,872 shares during the last quarter. Finally, Beacon Pointe Advisors LLC bought a new stake in Avantis Global Credit ETF in the fourth quarter valued at about $2,438,000.

Avantis Global Credit ETF Stock Performance

AVGB stock opened at $51.03 on Friday. Avantis Global Credit ETF has a twelve month low of $50.35 and a twelve month high of $52.07. The business has a fifty day moving average of $51.02 and a 200-day moving average of $51.06.

Avantis Global Credit ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Tuesday, June 9th were issued a $0.2707 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Tuesday, June 9th.

Avantis Global Credit ETF Company Profile

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