Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Short Interest Update
by Scott Moore · The Cerbat GemAvantis U.S. Large Cap Value ETF (NYSEARCA:AVLV – Get Free Report) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 165,393 shares, an increase of 47.6% from the November 30th total of 112,038 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 380,463 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 380,463 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the company’s stock are sold short.
Hedge Funds Weigh In On Avantis U.S. Large Cap Value ETF
Several hedge funds and other institutional investors have recently modified their holdings of AVLV. NewEdge Advisors LLC grew its holdings in shares of Avantis U.S. Large Cap Value ETF by 7.6% in the first quarter. NewEdge Advisors LLC now owns 241,608 shares of the company’s stock worth $15,755,000 after acquiring an additional 17,006 shares during the period. First National Bank Sioux Falls boosted its position in Avantis U.S. Large Cap Value ETF by 5.0% in the second quarter. First National Bank Sioux Falls now owns 208,306 shares of the company’s stock worth $14,209,000 after purchasing an additional 9,840 shares during the last quarter. Lam Group Inc. grew its stake in shares of Avantis U.S. Large Cap Value ETF by 28.9% during the 2nd quarter. Lam Group Inc. now owns 9,615 shares of the company’s stock valued at $656,000 after purchasing an additional 2,155 shares during the period. Parallel Advisors LLC grew its stake in shares of Avantis U.S. Large Cap Value ETF by 211.1% during the 2nd quarter. Parallel Advisors LLC now owns 21,740 shares of the company’s stock valued at $1,483,000 after purchasing an additional 14,753 shares during the period. Finally, Farther Finance Advisors LLC grew its stake in shares of Avantis U.S. Large Cap Value ETF by 146.7% during the 2nd quarter. Farther Finance Advisors LLC now owns 330,146 shares of the company’s stock valued at $22,519,000 after purchasing an additional 196,337 shares during the period.
Avantis U.S. Large Cap Value ETF Stock Performance
Shares of NYSEARCA:AVLV traded down $0.13 during trading on Tuesday, reaching $76.38. 371,694 shares of the stock traded hands, compared to its average volume of 514,205. The stock has a market cap of $8.85 billion, a P/E ratio of 15.70 and a beta of 0.99. The stock has a 50-day moving average of $74.02 and a two-hundred day moving average of $71.65. Avantis U.S. Large Cap Value ETF has a 52-week low of $55.67 and a 52-week high of $77.04.
About Avantis U.S. Large Cap Value ETF
The Avantis U.S. Large Cap Value ETF (AVLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap value companies selected based on fundamental criteria. AVLV was launched on Sep 21, 2021 and is managed by American Century Investments.