Avantis Global Credit ETF (NASDAQ:AVGB) Short Interest Update

Avantis Global Credit ETF (NASDAQ:AVGB) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 4,538 shares, a growth of 109.1% from the May 31st total of 2,170 shares. Based on an average daily trading volume, of 980 shares, the short-interest ratio is currently 4.6 days. Currently, 1.5% of the company’s shares are sold short.

Avantis Global Credit ETF Stock Down 0.2%

Shares of Avantis Global Credit ETF stock traded down $0.08 during trading hours on Wednesday, hitting $51.10. The company’s stock had a trading volume of 134 shares, compared to its average volume of 2,337. Avantis Global Credit ETF has a 12 month low of $50.35 and a 12 month high of $52.07. The stock has a 50 day moving average of $51.06 and a 200 day moving average of $51.00.

Avantis Global Credit ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Tuesday, June 9th were issued a dividend of $0.2707 per share. This represents a $1.08 annualized dividend and a yield of 2.1%. The ex-dividend date was Tuesday, June 9th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Plancorp LLC increased its stake in Avantis Global Credit ETF by 10.7% in the 4th quarter. Plancorp LLC now owns 5,155 shares of the company’s stock valued at $262,000 after buying an additional 500 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Avantis Global Credit ETF by 39.7% during the 4th quarter. Jane Street Group LLC now owns 6,590 shares of the company’s stock worth $335,000 after acquiring an additional 1,872 shares during the period. Werba Rubin Papier Wealth Management increased its holdings in shares of Avantis Global Credit ETF by 194.0% during the 4th quarter. Werba Rubin Papier Wealth Management now owns 15,711 shares of the company’s stock worth $798,000 after acquiring an additional 10,367 shares during the last quarter. Finally, Beacon Pointe Advisors LLC acquired a new position in shares of Avantis Global Credit ETF during the 4th quarter worth approximately $2,438,000.

Avantis Global Credit ETF Company Profile

Avantis Credit ETF is an actively managed exchange-traded fund that aims to maximize total return. The fund invests primarily in investment-grade quality debt obligations from a diverse group of U.S. and non-U.S. issuers