Avantis International Large Cap Value ETF (NYSEARCA:AVIV) Short Interest Up 334.7% in July

Avantis International Large Cap Value ETF (NYSEARCA:AVIV) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,130,881 shares, an increase of 334.7% from the June 30th total of 260,133 shares. Based on an average daily volume of 80,982 shares, the short-interest ratio is presently 14.0 days. Currently, 4.6% of the shares of the company are sold short.

Avantis International Large Cap Value ETF Stock Performance

AVIV stock opened at $79.21 on Friday. The firm has a market cap of $1.94 billion, a PE ratio of 102.87 and a beta of 0.73. The firm’s fifty day moving average is $78.59 and its 200 day moving average is $77.23. Avantis International Large Cap Value ETF has a one year low of $61.85 and a one year high of $80.80.

Institutional Investors Weigh In On Avantis International Large Cap Value ETF

Hedge funds have recently modified their holdings of the company. Lam Group Inc. increased its stake in shares of Avantis International Large Cap Value ETF by 50.9% in the 4th quarter. Lam Group Inc. now owns 31,125 shares of the company’s stock valued at $2,217,000 after purchasing an additional 10,500 shares in the last quarter. Private Wealth Asset Management LLC purchased a new position in Avantis International Large Cap Value ETF during the fourth quarter worth approximately $1,188,000. Farther Finance Advisors LLC boosted its position in Avantis International Large Cap Value ETF by 3,415.0% during the fourth quarter. Farther Finance Advisors LLC now owns 7,979 shares of the company’s stock worth $568,000 after purchasing an additional 7,752 shares in the last quarter. Frankly Finances LLC acquired a new stake in Avantis International Large Cap Value ETF in the fourth quarter valued at approximately $3,752,000. Finally, Mosaic Family Wealth Partners LLC acquired a new stake in Avantis International Large Cap Value ETF in the first quarter valued at approximately $276,000. 53.08% of the stock is owned by hedge funds and other institutional investors.

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.