Avantis All Equity Markets ETF (NYSEARCA:AVGE) Sees Large Drop in Short Interest

by · The Markets Daily

Avantis All Equity Markets ETF (NYSEARCA:AVGE – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 88,298 shares, a drop of 50.8% from the August 31st total of 179,298 shares. Based on an average daily volume of 90,288 shares, the short-interest ratio is presently 1.0 days. Currently, 0.7% of the shares of the company are sold short.

Avantis All Equity Markets ETF Price Performance

NYSEARCA:AVGE traded down $0.26 during mid-day trading on Tuesday, hitting $98.83. The company’s stock had a trading volume of 61,231 shares, compared to its average volume of 64,502. The business’s fifty day moving average is $100.48 and its two-hundred day moving average is $97.06. Avantis All Equity Markets ETF has a 1 year low of $81.20 and a 1 year high of $102.81.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of AVGE. Canvas Wealth Advisors LLC increased its holdings in shares of Avantis All Equity Markets ETF by 2.1% in the second quarter. Canvas Wealth Advisors LLC now owns 4,824 shares of the company’s stock valued at $478,000 after purchasing an additional 101 shares during the last quarter. Orion Capital Management LLC boosted its stake in Avantis All Equity Markets ETF by 8.7% during the second quarter. Orion Capital Management LLC now owns 1,293 shares of the company’s stock worth $128,000 after buying an additional 103 shares during the last quarter. Red Lighthouse Investment Management LLC grew its holdings in Avantis All Equity Markets ETF by 3.1% in the 2nd quarter. Red Lighthouse Investment Management LLC now owns 4,075 shares of the company’s stock valued at $404,000 after buying an additional 122 shares in the last quarter. Bayshore Asset Management LLC increased its stake in shares of Avantis All Equity Markets ETF by 10.8% in the 2nd quarter. Bayshore Asset Management LLC now owns 3,140 shares of the company’s stock worth $311,000 after acquiring an additional 305 shares during the last quarter. Finally, Beaird Harris Wealth Management LLC increased its stake in shares of Avantis All Equity Markets ETF by 13.3% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 2,604 shares of the company’s stock worth $258,000 after acquiring an additional 306 shares during the last quarter.

Avantis All Equity Markets ETF Company Profile

(Get Free Report)

The Avantis All Equity Markets ETF (AVGE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that seeks long-term capital appreciation through investments in equity portfolios holding a wide variety of securities with higher expected returns. AVGE was launched on Sep 27, 2022 and is managed by American Century Investments.

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