Avantis Global Credit ETF (NASDAQ:AVGB) Short Interest Down 52.3% in September

Avantis Global Credit ETF (NASDAQ:AVGB) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 7,300 shares, a decrease of 52.3% from the September 15th total of 15,300 shares. Based on an average daily trading volume, of 3,000 shares, the days-to-cover ratio is presently 2.4 days. Based on an average daily trading volume, of 3,000 shares, the days-to-cover ratio is presently 2.4 days.

Avantis Global Credit ETF Stock Up 0.0%

Shares of AVGB opened at $51.66 on Tuesday. Avantis Global Credit ETF has a 12-month low of $50.06 and a 12-month high of $51.95. The firm has a 50-day moving average price of $51.42.

Avantis Global Credit ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Tuesday, September 23rd were issued a $0.3283 dividend. The ex-dividend date of this dividend was Tuesday, September 23rd. This represents a $1.31 annualized dividend and a yield of 2.5%.

Institutional Trading of Avantis Global Credit ETF

A hedge fund recently bought a new stake in Avantis Global Credit ETF stock. American Century Companies Inc. acquired a new position in shares of Avantis Global Credit ETF (NASDAQ:AVGB) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 175,081 shares of the company’s stock, valued at approximately $8,892,000. American Century Companies Inc. owned approximately 70.03% of Avantis Global Credit ETF at the end of the most recent quarter.

About Avantis Global Credit ETF

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