Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) Sees Large Decrease in Short Interest

Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMUGet Free Report) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 2,790 shares, a decline of 69.6% from the August 15th total of 9,191 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 17,885 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Avantis Core Municipal Fixed Income ETF

An institutional investor recently raised its stake in Avantis Core Municipal Fixed Income ETF stock. Flow Traders U.S. LLC increased its holdings in shares of Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMUFree Report) by 13.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,043 shares of the company’s stock after purchasing an additional 585 shares during the quarter. Flow Traders U.S. LLC owned 0.15% of Avantis Core Municipal Fixed Income ETF worth $226,000 at the end of the most recent reporting period.

Avantis Core Municipal Fixed Income ETF Stock Performance

Shares of NYSEARCA:AVMU traded up $0.16 during midday trading on Friday, hitting $43.78. The company’s stock had a trading volume of 43,640 shares, compared to its average volume of 13,414. Avantis Core Municipal Fixed Income ETF has a 12-month low of $43.60 and a 12-month high of $47.14. The business’s 50 day simple moving average is $45.31 and its 200 day simple moving average is $45.96.

Avantis Core Municipal Fixed Income ETF Company Profile

(Get Free Report)

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.

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