Short Interest in Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) Drops By 31.3%

Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 32,437 shares, a drop of 31.3% from the November 30th total of 47,199 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 40,165 shares, the short-interest ratio is presently 0.8 days. Based on an average trading volume of 40,165 shares, the short-interest ratio is presently 0.8 days. Currently, 0.2% of the shares of the stock are sold short.

Avantis Short-Term Fixed Income ETF Price Performance

AVSF stock traded up $0.01 during trading on Tuesday, hitting $47.10. The company had a trading volume of 35,214 shares, compared to its average volume of 40,621. The company has a fifty day moving average price of $47.12 and a two-hundred day moving average price of $47.05. Avantis Short-Term Fixed Income ETF has a fifty-two week low of $45.93 and a fifty-two week high of $47.37.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Strategic Blueprint LLC grew its stake in Avantis Short-Term Fixed Income ETF by 8.7% during the second quarter. Strategic Blueprint LLC now owns 143,000 shares of the company’s stock worth $6,725,000 after buying an additional 11,447 shares during the last quarter. OLD Mission Capital LLC bought a new stake in Avantis Short-Term Fixed Income ETF during the 1st quarter worth approximately $464,000. Ameriprise Financial Inc. bought a new stake in Avantis Short-Term Fixed Income ETF during the 3rd quarter worth approximately $403,000. Finally, CoreCap Advisors LLC increased its holdings in Avantis Short-Term Fixed Income ETF by 4.9% during the 3rd quarter. CoreCap Advisors LLC now owns 38,086 shares of the company’s stock valued at $1,798,000 after purchasing an additional 1,765 shares in the last quarter.

About Avantis Short-Term Fixed Income ETF

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.