Avantis Global Credit ETF (NASDAQ:AVGB) Short Interest Up 109.1% in June

Avantis Global Credit ETF (NASDAQ:AVGBGet Free Report) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 4,538 shares, an increase of 109.1% from the May 31st total of 2,170 shares. Currently, 1.5% of the shares of the company are sold short. Based on an average daily trading volume, of 980 shares, the days-to-cover ratio is currently 4.6 days.

Institutional Investors Weigh In On Avantis Global Credit ETF

A number of hedge funds have recently made changes to their positions in AVGB. Plancorp LLC grew its holdings in Avantis Global Credit ETF by 10.7% in the 4th quarter. Plancorp LLC now owns 5,155 shares of the company’s stock worth $262,000 after buying an additional 500 shares in the last quarter. Jane Street Group LLC raised its stake in Avantis Global Credit ETF by 39.7% during the 4th 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. Werba Rubin Papier Wealth Management boosted its position in Avantis Global Credit ETF by 194.0% during the 4th quarter. Werba Rubin Papier Wealth Management now owns 15,711 shares of the company’s stock worth $798,000 after acquiring an additional 10,367 shares during the period. Finally, Beacon Pointe Advisors LLC acquired a new position in Avantis Global Credit ETF during the 4th quarter worth $2,438,000.

Avantis Global Credit ETF Stock Performance

AVGB stock traded down $0.02 during mid-day trading on Tuesday, reaching $51.23. The company had a trading volume of 461 shares, compared to its average volume of 2,354. Avantis Global Credit ETF has a one year low of $50.35 and a one year high of $52.07. The stock’s 50-day simple moving average is $51.06 and its two-hundred day simple moving average is $51.01.

Avantis Global Credit ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Tuesday, June 9th were given 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%.

About Avantis Global Credit ETF

(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

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