Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) Short Interest Update

Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) saw a large increase in short interest in April. As of April 15th, there was short interest totaling 39,041 shares, an increase of 917.2% from the March 31st total of 3,838 shares. Approximately 1.1% of the shares of the stock are short sold. Based on an average trading volume of 13,514 shares, the days-to-cover ratio is presently 2.9 days.

Avantis Core Municipal Fixed Income ETF Stock Performance

AVMU traded up $0.02 during midday trading on Friday, hitting $46.47. 6,322 shares of the company traded hands, compared to its average volume of 10,772. Avantis Core Municipal Fixed Income ETF has a 52-week low of $43.83 and a 52-week high of $47.14. The business has a 50 day simple moving average of $46.36 and a two-hundred day simple moving average of $46.23.

Avantis Core Municipal 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 paid a $0.157 dividend. The ex-dividend date of this dividend was Thursday, February 5th. This represents a c) dividend on an annualized basis and a yield of 4.1%. This is a boost from Avantis Core Municipal Fixed Income ETF’s previous monthly dividend of $0.12.

Institutional Investors Weigh In On Avantis Core Municipal Fixed Income ETF

Several large investors have recently bought and sold shares of the company. Align Financial LLC acquired a new position in shares of Avantis Core Municipal Fixed Income ETF during the fourth quarter valued at approximately $125,138,000. Crews Bank & Trust boosted its stake in shares of Avantis Core Municipal Fixed Income ETF by 61.8% in the third quarter. Crews Bank & Trust now owns 15,127 shares of the company’s stock worth $690,000 after acquiring an additional 5,780 shares during the last quarter. Flow Traders U.S. LLC increased its position in shares of Avantis Core Municipal Fixed Income ETF by 13.1% during the second quarter. Flow Traders U.S. LLC now owns 5,043 shares of the company’s stock worth $226,000 after purchasing an additional 585 shares in the last quarter. Finally, Fourth Dimension Wealth LLC increased its position in shares of Avantis Core Municipal Fixed Income ETF by 6.0% during the fourth quarter. Fourth Dimension Wealth LLC now owns 4,123 shares of the company’s stock worth $191,000 after purchasing an additional 235 shares in the last quarter.

About Avantis Core Municipal Fixed Income ETF

The Avantis Core Municipal Fixed Income ETF (AVMU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in investment-grade US municipal securities. AVMU was launched on Dec 8, 2020 and is managed by American Century Investments.