Avantis International Large Cap Value ETF (NYSEARCA:AVIV) Sees Significant Decline in Short Interest

Avantis International Large Cap Value ETF (NYSEARCA:AVIV) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 182,245 shares, a drop of 20.8% from the January 15th total of 229,964 shares. Currently, 1.3% of the company’s shares are short sold. Based on an average daily trading volume, of 78,109 shares, the days-to-cover ratio is currently 2.3 days. Based on an average daily trading volume, of 78,109 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.3% of the company’s shares are short sold.

Avantis International Large Cap Value ETF Trading Up 0.4%

NYSEARCA AVIV traded up $0.33 on Friday, hitting $79.02. 49,346 shares of the company were exchanged, compared to its average volume of 79,548. The company has a market cap of $1.14 billion, a PE ratio of 102.62 and a beta of 0.77. The stock has a fifty day moving average of $73.63 and a 200-day moving average of $69.35. Avantis International Large Cap Value ETF has a 12 month low of $49.84 and a 12 month high of $79.72.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. SOL Capital Management CO raised its stake in shares of Avantis International Large Cap Value ETF by 1.6% in the fourth quarter. SOL Capital Management CO now owns 8,505 shares of the company’s stock worth $606,000 after purchasing an additional 135 shares during the last quarter. Rogco LP purchased a new stake in Avantis International Large Cap Value ETF in the 4th quarter valued at $27,000. Lam Group Inc. lifted its stake in Avantis International Large Cap Value ETF by 2.6% during the 3rd quarter. Lam Group Inc. now owns 20,625 shares of the company’s stock valued at $1,391,000 after acquiring an additional 525 shares in the last quarter. EverSource Wealth Advisors LLC purchased a new position in Avantis International Large Cap Value ETF during the 2nd quarter worth $40,000. Finally, Nemes Rush Group LLC boosted its holdings in Avantis International Large Cap Value ETF by 21.2% during the 2nd quarter. Nemes Rush Group LLC now owns 4,078 shares of the company’s stock worth $254,000 after acquiring an additional 712 shares during the last quarter. Institutional investors and hedge funds own 53.08% of the company’s stock.

About Avantis International Large Cap Value ETF

The Avantis International Large Cap Value ETF (AVIV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund primarily investing in non-US developed market equities with lower prices relative to their book values. AVIV was launched on Sep 28, 2021 and is managed by American Century Investments.