Avantis Moderate Allocation ETF (NYSEARCA:AVMA) Short Interest Update

Avantis Moderate Allocation ETF (NYSEARCA:AVMA) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 4,596 shares, an increase of 25.2% from the February 12th total of 3,672 shares. Based on an average trading volume of 3,506 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.6% of the company’s shares are sold short. Currently, 0.6% of the company’s shares are sold short. Based on an average trading volume of 3,506 shares, the days-to-cover ratio is presently 1.3 days.

Avantis Moderate Allocation ETF Stock Performance

Avantis Moderate Allocation ETF stock remained flat at $67.56 during trading hours on Tuesday. The company’s stock had a trading volume of 5,804 shares, compared to its average volume of 4,114. Avantis Moderate Allocation ETF has a 1-year low of $52.83 and a 1-year high of $70.72. The stock has a 50-day simple moving average of $68.91 and a 200-day simple moving average of $66.72. The stock has a market cap of $54.05 million, a price-to-earnings ratio of 16.65 and a beta of 0.71.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in AVMA. Cogent Private Wealth Inc. purchased a new stake in Avantis Moderate Allocation ETF during the 4th quarter valued at $6,398,000. Great Point Wealth Advisors LLC purchased a new position in shares of Avantis Moderate Allocation ETF in the third quarter valued at about $5,912,000. Crosspoint Financial LLC raised its stake in shares of Avantis Moderate Allocation ETF by 78.4% during the fourth quarter. Crosspoint Financial LLC now owns 18,910 shares of the company’s stock valued at $1,254,000 after acquiring an additional 8,310 shares during the last quarter. PFG Private Wealth Management LLC bought a new position in shares of Avantis Moderate Allocation ETF during the third quarter valued at about $531,000. Finally, Susquehanna International Group LLP purchased a new stake in shares of Avantis Moderate Allocation ETF during the third quarter worth about $414,000.

About Avantis Moderate Allocation ETF

The Avantis Moderate Allocation ETF (AVMA) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an actively managed, asset allocation fund-of-funds that invests with moderate risk in a broad basket of equity and fixed income ETFs. AVMA was launched on Jun 27, 2023 and is managed by American Century Investments.