Short Interest in Avantis Global Credit ETF (NASDAQ:AVGB) Grows By 47.8%

Avantis Global Credit ETF (NASDAQ:AVGBGet Free Report) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 7,898 shares, an increase of 47.8% from the July 30th total of 5,342 shares. Approximately 2.0% of the company’s shares are short sold. Based on an average daily volume of 1,731 shares, the short-interest ratio is currently 4.6 days.

Hedge Funds Weigh In On Avantis Global Credit ETF

Several hedge funds have recently made changes to their positions in the business. Beacon Pointe Advisors LLC bought a new position in shares of Avantis Global Credit ETF during the fourth quarter valued at approximately $2,438,000. Jane Street Group LLC boosted 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 acquiring an additional 1,872 shares in the last quarter. Finally, Plancorp LLC boosted 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 acquiring an additional 500 shares in the last quarter.

Avantis Global Credit ETF Price Performance

NASDAQ AVGB opened at $50.85 on Wednesday. Avantis Global Credit ETF has a 1 year low of $50.35 and a 1 year high of $52.07. The business’s 50-day moving average is $51.02 and its 200 day moving average is $51.01.

Avantis Global Credit ETF Announces Dividend

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

Avantis Global Credit ETF Company Profile

(Get Free Report)

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

Further Reading

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