Short Interest in Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) Declines By 47.6%

Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) was the recipient of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 43,709 shares, a decline of 47.6% from the February 12th total of 83,342 shares. Based on an average trading volume of 27,813 shares, the short-interest ratio is currently 1.6 days. Currently, 1.4% of the company’s shares are sold short. Currently, 1.4% of the company’s shares are sold short. Based on an average trading volume of 27,813 shares, the short-interest ratio is currently 1.6 days.

Institutional Trading of Avantis International Small Cap Equity ETF

Several hedge funds have recently bought and sold shares of AVDS. CWM LLC lifted its stake in Avantis International Small Cap Equity ETF by 11.0% in the fourth quarter. CWM LLC now owns 155,562 shares of the company’s stock valued at $10,860,000 after buying an additional 15,369 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Avantis International Small Cap Equity ETF by 10.4% during the third quarter. Envestnet Asset Management Inc. now owns 147,458 shares of the company’s stock worth $9,961,000 after acquiring an additional 13,947 shares in the last quarter. American Century Companies Inc. increased its position in shares of Avantis International Small Cap Equity ETF by 6.9% during the second quarter. American Century Companies Inc. now owns 99,551 shares of the company’s stock worth $6,193,000 after acquiring an additional 6,383 shares in the last quarter. Simplicity Wealth LLC raised its holdings in shares of Avantis International Small Cap Equity ETF by 5.5% during the fourth quarter. Simplicity Wealth LLC now owns 86,663 shares of the company’s stock worth $6,050,000 after acquiring an additional 4,514 shares during the period. Finally, Park Avenue Securities LLC raised its holdings in shares of Avantis International Small Cap Equity ETF by 10.9% during the fourth quarter. Park Avenue Securities LLC now owns 84,804 shares of the company’s stock worth $5,920,000 after acquiring an additional 8,367 shares during the period.

Avantis International Small Cap Equity ETF Trading Down 1.9%

Shares of NYSEARCA AVDS traded down $1.43 during mid-day trading on Thursday, reaching $72.96. 22,358 shares of the company’s stock were exchanged, compared to its average volume of 38,578. The firm has a market capitalization of $226.18 million, a price-to-earnings ratio of 13.68 and a beta of 0.68. The business has a fifty day simple moving average of $75.28 and a 200 day simple moving average of $70.21. Avantis International Small Cap Equity ETF has a twelve month low of $48.00 and a twelve month high of $79.67.

About Avantis International Small Cap Equity ETF

The Avantis International Small Cap Equity ETF (AVDS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap stocks outside the US. AVDS was launched on Jul 18, 2023 and is issued by American Century Investments.