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

Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 12,519 shares, a decline of 46.2% from the May 31st total of 23,262 shares. Based on an average daily volume of 9,098 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.4% of the company’s stock are short sold.

Hedge Funds Weigh In On Avantis Core Municipal Fixed Income ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Fourth Dimension Wealth LLC grew its holdings in shares of Avantis Core Municipal Fixed Income ETF by 6.0% in the fourth quarter. Fourth Dimension Wealth LLC now owns 4,123 shares of the company’s stock valued at $191,000 after acquiring an additional 235 shares in the last quarter. Flow Traders U.S. LLC increased its position in shares of Avantis Core Municipal Fixed Income ETF by 13.1% during 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 during the last quarter. Finally, Align Financial LLC purchased a new stake in shares of Avantis Core Municipal Fixed Income ETF during the fourth quarter valued at approximately $125,138,000.

Avantis Core Municipal Fixed Income ETF Stock Up 0.0%

Shares of AVMU stock opened at $46.56 on Tuesday. Avantis Core Municipal Fixed Income ETF has a 52-week low of $43.83 and a 52-week high of $47.14. The company has a 50-day simple moving average of $46.30 and a two-hundred day simple moving average of $46.35.

Avantis Core Municipal Fixed Income ETF Company Profile

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.