Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMU) Sees Significant Decrease in Short Interest

Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMUGet Free Report) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 2,790 shares, a decrease of 69.6% from the August 15th total of 9,191 shares. Based on an average daily trading volume, of 17,885 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Avantis Core Municipal Fixed Income ETF Trading Up 0.4%

Avantis Core Municipal Fixed Income ETF stock traded up $0.16 during midday trading on Friday, reaching $43.78. The company’s stock had a trading volume of 43,640 shares, compared to its average volume of 13,414. The stock’s 50-day simple moving average is $45.31 and its 200-day simple moving average is $45.95. Avantis Core Municipal Fixed Income ETF has a 52-week low of $43.60 and a 52-week high of $47.14.

Institutional Trading of Avantis Core Municipal Fixed Income ETF

A hedge fund recently bought a new stake in Avantis Core Municipal Fixed Income ETF stock. Align Financial LLC acquired a new position in shares of Avantis Core Municipal Fixed Income ETF (NYSEARCA:AVMUFree Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 2,706,279 shares of the company’s stock, valued at approximately $125,138,000. Avantis Core Municipal Fixed Income ETF accounts for about 0.6% of Align Financial LLC’s holdings, making the stock its 29th largest holding. Align Financial LLC owned approximately 82.01% of Avantis Core Municipal Fixed Income ETF at the end of the most recent quarter.

Avantis Core Municipal Fixed Income ETF Company Profile

(Get Free Report)

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.

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