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

by · The Markets Daily

Avantis Core Fixed Income ETF (NYSEARCA:AVIG – Get Free Report) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 101,391 shares, an increase of 474.6% from the June 30th total of 17,647 shares. Based on an average daily volume of 431,160 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s stock are short sold.

Avantis Core Fixed Income ETF Stock Up 0.1%

Shares of NYSEARCA:AVIG traded up $0.04 during trading on Friday, hitting $40.76. 137,792 shares of the company were exchanged, compared to its average volume of 304,464. The firm’s 50 day moving average price is $41.22 and its 200-day moving average price is $41.62. Avantis Core Fixed Income ETF has a 12-month low of $40.68 and a 12-month high of $42.54.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Lodestone Wealth Management LLC acquired a new stake in Avantis Core Fixed Income ETF in the fourth quarter worth $25,000. Farther Finance Advisors LLC acquired a new position in shares of Avantis Core Fixed Income ETF during the fourth quarter valued at $27,000. NewEdge Advisors LLC bought a new position in shares of Avantis Core Fixed Income ETF during the first quarter worth about $30,000. JPMorgan Chase & Co. bought a new position in shares of Avantis Core Fixed Income ETF during the second quarter worth about $56,000. Finally, Lam Group Inc. increased its holdings in shares of Avantis Core Fixed Income ETF by 17,750.0% in the 2nd quarter. Lam Group Inc. now owns 1,785 shares of the company’s stock worth $74,000 after acquiring an additional 1,775 shares during the period.

Avantis Core Fixed Income ETF Company Profile

(Get Free Report)

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.

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