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 significant growth in short interest in March. As of March 31st, there was short interest totaling 38,014 shares, a growth of 57.0% from the March 15th total of 24,220 shares. Based on an average daily volume of 62,998 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the company’s stock are sold short.

Hedge Funds Weigh In On Avantis Short-Term Fixed Income ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Lodestone Wealth Management LLC bought a new stake in shares of Avantis Short-Term Fixed Income ETF during the fourth quarter valued at approximately $25,000. Ares Financial Consulting LLC bought a new position in Avantis Short-Term Fixed Income ETF in the 4th quarter valued at approximately $28,000. JDM Financial Group LLC bought a new position in Avantis Short-Term Fixed Income ETF in the 4th quarter valued at approximately $209,000. Ameriprise Financial Inc. bought a new position in Avantis Short-Term Fixed Income ETF in the 3rd quarter valued at approximately $403,000. Finally, CoreCap Advisors LLC lifted its position in Avantis Short-Term Fixed Income ETF by 4.9% in the 3rd quarter. CoreCap Advisors LLC now owns 38,086 shares of the company’s stock valued at $1,798,000 after acquiring an additional 1,765 shares in the last quarter.

Avantis Short-Term Fixed Income ETF Stock Up 0.1%

Shares of NYSEARCA AVSF opened at $46.78 on Tuesday. Avantis Short-Term Fixed Income ETF has a fifty-two week low of $46.31 and a fifty-two week high of $47.38. The company 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 firm also recently announced a monthly dividend, which was paid on Monday, February 9th. Shareholders of record on Thursday, February 5th were paid a dividend of $0.184 per share. This is a positive change 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%. The ex-dividend date of this dividend was Thursday, February 5th.

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.