Avantis Core Fixed Income ETF (NYSEARCA:AVIG) Sees Significant Decrease in Short Interest

Avantis Core Fixed Income ETF (NYSEARCA:AVIG) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 73,365 shares, a decline of 54.8% from the May 31st total of 162,391 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 441,879 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Align Financial LLC bought a new stake in Avantis Core Fixed Income ETF in the fourth quarter worth $543,761,000. Janney Montgomery Scott LLC lifted its stake in Avantis Core Fixed Income ETF by 108.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 934,908 shares of the company’s stock worth $39,194,000 after purchasing an additional 486,278 shares during the last quarter. CoreCap Advisors LLC boosted its position in shares of Avantis Core Fixed Income ETF by 52.2% during the fourth quarter. CoreCap Advisors LLC now owns 119,387 shares of the company’s stock valued at $5,005,000 after buying an additional 40,935 shares during the period. Ares Financial Consulting LLC purchased a new position in shares of Avantis Core Fixed Income ETF during the fourth quarter valued at approximately $582,000. Finally, JDM Financial Group LLC bought a new position in shares of Avantis Core Fixed Income ETF during the fourth quarter valued at approximately $416,000.

Avantis Core Fixed Income ETF Price Performance

NYSEARCA AVIG opened at $41.55 on Monday. Avantis Core Fixed Income ETF has a 12 month low of $40.81 and a 12 month high of $42.54. The stock’s 50 day moving average is $41.39 and its 200 day moving average is $41.73.

Avantis Core Fixed Income ETF Company Profile

The Avantis Core Fixed Income ETF (AVIG) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund offers an active exposure to a broad range of investment-grade debt securities from issuers around the globe. AVIG was launched on Oct 15, 2020 and is managed by American Century Investments.