Avantis International Equity ETF (NYSEARCA:AVDE) Short Interest Up 154.0% in January

Avantis International Equity ETF (NYSEARCA:AVDE) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 1,076,829 shares, a growth of 154.0% from the January 15th total of 423,987 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average trading volume of 1,470,846 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 1,470,846 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.7% of the shares of the company are sold short.

Avantis International Equity ETF Trading Down 1.0%

Avantis International Equity ETF stock traded down $0.92 on Thursday, reaching $90.34. 829,670 shares of the stock were exchanged, compared to its average volume of 1,229,465. Avantis International Equity ETF has a twelve month low of $58.56 and a twelve month high of $91.48. The firm has a fifty day moving average price of $84.62 and a two-hundred day moving average price of $80.43. The stock has a market cap of $13.62 billion, a PE ratio of 14.71 and a beta of 0.84.

Institutional Trading of Avantis International Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. lifted its holdings in shares of Avantis International Equity ETF by 357.3% during the third quarter. Ameriprise Financial Inc. now owns 4,932,115 shares of the company’s stock worth $388,855,000 after buying an additional 3,853,677 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new position in Avantis International Equity ETF during the third quarter worth $232,644,000. Envestnet Asset Management Inc. raised its stake in Avantis International Equity ETF by 140.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,068,689 shares of the company’s stock valued at $321,020,000 after purchasing an additional 2,377,932 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in Avantis International Equity ETF by 345.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,639,746 shares of the company’s stock valued at $208,276,000 after purchasing an additional 2,046,558 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its position in Avantis International Equity ETF by 134.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 2,703,438 shares of the company’s stock worth $213,301,000 after purchasing an additional 1,552,177 shares during the last quarter.

Avantis International Equity ETF Company Profile

The Avantis International Equity ETF (AVDE) is an exchange-traded fund that is based on the MSCI WORLD EX USA IMI INDEX index. The fund is an actively managed portfolio of non-US companies from developed markets, of all market capitalizations, focusing on smaller, value companies. AVDE was launched on Sep 24, 2019 and is managed by American Century Investments.