Short Interest in Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Expands By 47.6%

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) saw a significant 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 shares of the stock are short sold. Based on an average daily volume of 380,463 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 380,463 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On Avantis U.S. Large Cap Value ETF

Hedge funds have recently added to or reduced their stakes in the business. Hurley Capital LLC raised its position in Avantis U.S. Large Cap Value ETF by 501.1% during the second quarter. Hurley Capital LLC now owns 541 shares of the company’s stock worth $37,000 after acquiring an additional 451 shares during the last quarter. GoalVest Advisory LLC purchased a new position in shares of Avantis U.S. Large Cap Value ETF during the 3rd quarter worth approximately $61,000. Root Financial Partners LLC acquired a new position in shares of Avantis U.S. Large Cap Value ETF during the 3rd quarter worth approximately $101,000. Creative Capital Management Investments LLC lifted its stake in Avantis U.S. Large Cap Value ETF by 286.9% in the 2nd quarter. Creative Capital Management Investments LLC now owns 2,875 shares of the company’s stock valued at $196,000 after buying an additional 2,132 shares in the last quarter. Finally, TIAA Trust National Association purchased a new stake in Avantis U.S. Large Cap Value ETF in the 2nd quarter valued at approximately $216,000.

Avantis U.S. Large Cap Value ETF Trading Down 0.2%

Shares of AVLV stock traded down $0.18 during mid-day trading on Monday, reaching $76.48. The stock had a trading volume of 313,322 shares, compared to its average volume of 514,486. Avantis U.S. Large Cap Value ETF has a 12-month low of $55.67 and a 12-month high of $77.04. The company has a market cap of $8.86 billion, a P/E ratio of 15.70 and a beta of 0.99. The business has a 50-day simple moving average of $73.93 and a 200 day simple moving average of $71.59.

Avantis U.S. Large Cap Value ETF Company Profile

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.