Short Interest in Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Expands By 31.9%

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 950,943 shares, a growth of 31.9% from the January 29th total of 720,856 shares. Based on an average daily trading volume, of 838,151 shares, the short-interest ratio is presently 1.1 days. Currently, 0.6% of the company’s stock are sold short. Currently, 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 838,151 shares, the short-interest ratio is presently 1.1 days.

Avantis International Small Cap Value ETF Price Performance

Shares of AVDV stock traded down $1.25 during trading hours on Monday, reaching $108.84. The company had a trading volume of 568,274 shares, compared to its average volume of 808,846. The business has a fifty day simple moving average of $101.32 and a 200-day simple moving average of $93.31. Avantis International Small Cap Value ETF has a 12 month low of $60.74 and a 12 month high of $110.47. The company has a market cap of $18.10 billion, a price-to-earnings ratio of 10.39 and a beta of 0.84.

Institutional Investors Weigh In On Avantis International Small Cap Value ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Confluence Investment Management LLC purchased a new stake in shares of Avantis International Small Cap Value ETF in the third quarter worth about $8,747,000. Farther Finance Advisors LLC increased its position in Avantis International Small Cap Value ETF by 165.8% in the fourth quarter. Farther Finance Advisors LLC now owns 108,621 shares of the company’s stock worth $10,207,000 after purchasing an additional 67,756 shares during the last quarter. Fidelity D & D Bancorp Inc. lifted its position in Avantis International Small Cap Value ETF by 104.2% during the fourth quarter. Fidelity D & D Bancorp Inc. now owns 93,035 shares of the company’s stock valued at $8,742,000 after purchasing an additional 47,466 shares during the last quarter. Frankly Finances LLC purchased a new position in shares of Avantis International Small Cap Value ETF in the 4th quarter worth $2,432,000. Finally, Greenline Partners LLC raised its position in shares of Avantis International Small Cap Value ETF by 7.2% during the 3rd quarter. Greenline Partners LLC now owns 370,839 shares of the company’s stock valued at $33,016,000 after buying an additional 25,004 shares in the last quarter.

Avantis International Small Cap Value ETF Company Profile

The Avantis International Small Cap Value ETF (AVDV) is an exchange-traded fund that is based on the MSCI World EX-U.S. Small Cap index. The fund is an actively-managed portfolio of non-US small-cap value companies in developed markets. AVDV was launched on Sep 24, 2019 and is managed by American Century Investments.