Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) Short Interest Update

Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 2,200 shares, an increase of 340.0% from the August 31st total of 500 shares. Based on an average trading volume of 8,900 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 8,900 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Nemes Rush Group LLC increased its holdings in shares of Avantis Core Municipal Fixed Income ETF by 14.6% in the 2nd quarter. Nemes Rush Group LLC now owns 3,417 shares of the company’s stock valued at $153,000 after acquiring an additional 436 shares during the last quarter. Fourth Dimension Wealth LLC boosted its position in shares of Avantis Core Municipal Fixed Income ETF by 13.6% in the 2nd quarter. Fourth Dimension Wealth LLC now owns 4,682 shares of the company’s stock valued at $210,000 after purchasing an additional 561 shares during the period. Finally, Flow Traders U.S. LLC boosted its position in shares of Avantis Core Municipal Fixed Income ETF by 13.1% in the 2nd quarter. Flow Traders U.S. LLC now owns 5,043 shares of the company’s stock valued at $226,000 after purchasing an additional 585 shares during the period.

Avantis Core Municipal Fixed Income ETF Trading Up 0.1%

AVMU opened at $45.54 on Friday. Avantis Core Municipal Fixed Income ETF has a one year low of $42.23 and a one year high of $47.04. The business’s 50-day simple moving average is $44.80 and its 200-day simple moving average is $44.64.

About Avantis Core Municipal Fixed Income ETF

The Avantis Core Municipal Fixed Income ETF (AVMU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in investment-grade US municipal securities. AVMU was launched on Dec 8, 2020 and is managed by American Century Investments.