Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) Short Interest Update
by Renee Jackson · The Cerbat GemAvantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU – Get Free Report) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 22,203 shares, a growth of 33.8% from the December 31st total of 16,590 shares. Based on an average daily volume of 9,502 shares, the days-to-cover ratio is currently 2.3 days. Currently, 0.7% of the company’s shares are sold short. Currently, 0.7% of the company’s shares are sold short. Based on an average daily volume of 9,502 shares, the days-to-cover ratio is currently 2.3 days.
Avantis Core Municipal Fixed Income ETF Trading Up 0.1%
NYSEARCA AVMU traded up $0.03 during mid-day trading on Friday, hitting $46.67. The company’s stock had a trading volume of 5,654 shares, compared to its average volume of 9,953. Avantis Core Municipal Fixed Income ETF has a 52-week low of $42.23 and a 52-week high of $46.74. The stock’s fifty day simple moving average is $46.22 and its two-hundred day simple moving average is $45.53.
Hedge Funds Weigh In On Avantis Core Municipal Fixed Income ETF
Hedge funds and other institutional investors have recently made changes to their positions in the business. Nemes Rush Group LLC raised its holdings in shares of Avantis Core Municipal Fixed Income ETF by 14.6% during the 2nd quarter. Nemes Rush Group LLC now owns 3,417 shares of the company’s stock valued at $153,000 after buying an additional 436 shares during the period. Fourth Dimension Wealth LLC grew its position in Avantis Core Municipal Fixed Income ETF by 13.6% in the second quarter. Fourth Dimension Wealth LLC now owns 4,682 shares of the company’s stock valued at $210,000 after acquiring an additional 561 shares in the last quarter. Flow Traders U.S. LLC grew its position in Avantis Core Municipal Fixed Income ETF by 13.1% in the second quarter. Flow Traders U.S. LLC now owns 5,043 shares of the company’s stock valued at $226,000 after acquiring an additional 585 shares in the last quarter. Finally, Crews Bank & Trust raised its stake in shares of Avantis Core Municipal Fixed Income ETF by 61.8% during the third quarter. Crews Bank & Trust now owns 15,127 shares of the company’s stock valued at $690,000 after purchasing an additional 5,780 shares during the period.
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.