Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) Sees Significant Growth in Short Interest

Avantis Short-Term Fixed Income ETF (NYSEARCA:AVSF) saw a large 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 trading volume, of 62,998 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.3% of the company’s shares are sold short.

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

A number of institutional investors and hedge funds have recently bought and sold shares of AVSF. Wilkerson Advisory Group LLC purchased a new stake in shares of Avantis Short-Term Fixed Income ETF in the 4th quarter worth $10,803,000. Strategic Blueprint LLC increased its stake in shares of 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 valued at $7,523,000 after buying an additional 11,404 shares during the period. CoreCap Advisors LLC raised 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 acquiring an additional 10,941 shares in the last quarter. Ameriprise Financial Inc. bought a new stake in shares of Avantis Short-Term Fixed Income ETF in the third quarter valued at about $403,000. Finally, JDM Financial Group LLC purchased a new stake in Avantis Short-Term Fixed Income ETF in the fourth quarter worth about $209,000.

Avantis Short-Term Fixed Income ETF Stock Performance

Shares of AVSF stock opened at $46.81 on Thursday. The company’s 50-day simple moving average is $46.97 and its two-hundred day simple moving average is $47.07. Avantis Short-Term Fixed Income ETF has a one year low of $46.44 and a one year high of $47.38.

Avantis Short-Term Fixed Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, February 9th. Investors of record on Thursday, February 5th were paid a $0.184 dividend. This represents a c) annualized dividend and a yield of 4.7%. This is an increase from Avantis Short-Term Fixed Income ETF’s previous monthly dividend of $0.15. 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.