Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) Short Interest Up 57.0% in March

Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) was the target of a large increase in short interest in March. As of March 31st, there was short interest totaling 38,014 shares, an increase of 57.0% from the March 15th total of 24,220 shares. Based on an average trading volume of 62,998 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Investors Weigh In On Avantis Short-Term Fixed Income ETF

Hedge funds have recently made changes to their positions in the company. Wilkerson Advisory Group LLC bought a new stake in Avantis Short-Term Fixed Income ETF during the fourth quarter worth about $10,803,000. Strategic Blueprint LLC boosted its position in Avantis Short-Term Fixed Income ETF by 7.7% during the fourth quarter. Strategic Blueprint LLC now owns 159,772 shares of the company’s stock worth $7,523,000 after purchasing an additional 11,404 shares during the period. CoreCap Advisors LLC increased its holdings in shares of Avantis Short-Term Fixed Income ETF by 28.7% in the fourth quarter. CoreCap Advisors LLC now owns 49,027 shares of the company’s stock valued at $2,308,000 after purchasing an additional 10,941 shares during the last quarter. Ameriprise Financial Inc. bought a new position in shares of Avantis Short-Term Fixed Income ETF in the third quarter valued at about $403,000. Finally, JDM Financial Group LLC acquired a new stake in shares of Avantis Short-Term Fixed Income ETF during the 4th quarter worth about $209,000.

Avantis Short-Term Fixed Income ETF Stock Down 0.0%

AVSF traded down $0.02 during midday trading on Wednesday, reaching $46.81. 19,295 shares of the company’s stock were exchanged, compared to its average volume of 121,074. Avantis Short-Term Fixed Income ETF has a one year low of $46.44 and a one year high of $47.38. The business has a 50-day simple moving average of $46.98 and a two-hundred day simple moving average of $47.08.

Avantis Short-Term Fixed Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, February 9th. Shareholders of record on Thursday, February 5th were issued a dividend of $0.184 per share. The ex-dividend date of this dividend was Thursday, February 5th. This is a boost from Avantis Short-Term Fixed Income ETF’s previous monthly dividend of $0.15. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

Avantis Short-Term Fixed Income ETF Company Profile

The Avantis Short-Term Fixed Income ETF (AVSF) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF investing in investment-grade, short-term fixed income securities across sectors from issuers around the globe. AVSF was launched on Oct 15, 2020 and is managed by American Century Investments.