Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) Stock Short Interest Declines 77.9%

Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 27,855 shares, a drop of 77.9% from the September 15th total of 125,878 shares. Based on an average trading volume of 85,436 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s shares are sold short.

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

Several hedge funds have recently made changes to their positions in AVSF. JDM Financial Group LLC grew its position in shares of Avantis Short-Term Fixed Income ETF by 7.5% in the first quarter. JDM Financial Group LLC now owns 4,768 shares of the company’s stock valued at $223,000 after purchasing an additional 333 shares during the period. Arkadios Wealth Advisors acquired a new position in Avantis Short-Term Fixed Income ETF in the first quarter valued at $323,000. Finally, Bank of New York Mellon Corp purchased a new position in Avantis Short-Term Fixed Income ETF during the first quarter worth about $1,193,000.

Avantis Short-Term Fixed Income ETF Stock Down 0.0%

AVSF stock traded down $0.01 during midday trading on Friday, hitting $45.61. The stock had a trading volume of 25,903 shares, compared to its average volume of 82,260. Avantis Short-Term Fixed Income ETF has a 12-month low of $45.49 and a 12-month high of $47.38. The company’s 50-day moving average price is $46.06 and its 200 day moving average price is $46.40.

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.