Avantis Global Credit ETF (NASDAQ:AVGB) Stock Short Interest Falls 35.9%

Avantis Global Credit ETF (NASDAQ:AVGB – Get Free Report) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 5,158 shares, a decline of 35.9% from the August 31st total of 8,043 shares. Based on an average trading volume of 4,581 shares, the short-interest ratio is presently 1.1 days. Currently, 1.0% of the company’s shares are short sold.

Institutional Trading of Avantis Global Credit ETF

A hedge fund recently bought a new stake in Avantis Global Credit ETF stock. Citadel Advisors LLC acquired a new position in Avantis Global Credit ETF (NASDAQ:AVGB – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 16,814 shares of the company’s stock, valued at approximately $861,000. Citadel Advisors LLC owned 4.20% of Avantis Global Credit ETF as of its most recent filing with the Securities & Exchange Commission.

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Avantis Global Credit ETF Price Performance

Shares of AVGB stock opened at $49.62 on Thursday. Avantis Global Credit ETF has a twelve month low of $49.55 and a twelve month high of $52.07. The company’s 50-day moving average price is $50.61 and its 200-day moving average price is $50.85.

Avantis Global Credit ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Tuesday, September 8th were paid a $0.5015 dividend. This is a positive change from Avantis Global Credit ETF’s previous quarterly dividend of $0.2707. The ex-dividend date of this dividend was Tuesday, September 8th. This represents a $2.01 annualized dividend and a dividend yield of 4.0%.

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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