Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) Short Interest Up 191.8% in May

by · The Cerbat Gem

Avantis International Small Cap Equity ETF (NYSEARCA:AVDS – Get Free Report) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 243,967 shares, an increase of 191.8% from the April 30th total of 83,595 shares. Approximately 6.6% of the company’s stock are sold short. Based on an average daily volume of 18,603 shares, the short-interest ratio is presently 13.1 days.

Institutional Trading of Avantis International Small Cap Equity ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of AVDS. True North Advisors LLC increased its stake in Avantis International Small Cap Equity ETF by 13,422.0% in the first quarter. True North Advisors LLC now owns 409,040 shares of the company’s stock worth $29,390,000 after purchasing an additional 406,015 shares during the period. Cornerstone Wealth Partners LLC purchased a new stake in Avantis International Small Cap Equity ETF in the fourth quarter worth $4,835,000. Jane Street Group LLC increased its stake in Avantis International Small Cap Equity ETF by 230.7% in the first quarter. Jane Street Group LLC now owns 82,915 shares of the company’s stock worth $4,502,000 after purchasing an additional 57,839 shares during the period. Integrated Wealth Concepts LLC increased its stake in Avantis International Small Cap Equity ETF by 287.2% in the third quarter. Integrated Wealth Concepts LLC now owns 35,275 shares of the company’s stock worth $2,383,000 after purchasing an additional 26,165 shares during the period. Finally, CWM LLC increased its stake in Avantis International Small Cap Equity ETF by 11.0% in the fourth quarter. CWM LLC now owns 155,562 shares of the company’s stock worth $10,860,000 after purchasing an additional 15,369 shares during the period.

Avantis International Small Cap Equity ETF Price Performance

Avantis International Small Cap Equity ETF stock traded up $0.35 during mid-day trading on Friday, reaching $79.55. The stock had a trading volume of 30,653 shares, compared to its average volume of 30,834. The company has a 50-day moving average price of $75.92 and a two-hundred day moving average price of $73.55. Avantis International Small Cap Equity ETF has a one year low of $59.68 and a one year high of $80.21. The company has a market capitalization of $294.34 million, a price-to-earnings ratio of 13.68 and a beta of 0.71.

About Avantis International Small Cap Equity ETF

(Get Free Report)

The Avantis International Small Cap Equity ETF (AVDS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap stocks outside the US. AVDS was launched on Jul 18, 2023 and is issued by American Century Investments.

Recommended Stories