Short Interest in Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU) Decreases By 33.4%

Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 16,731 shares, a decline of 33.4% from the August 15th total of 25,103 shares. Based on an average trading volume of 9,677 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.3% of the shares of the company are sold short.

Avantis Responsible U.S. Equity ETF Price Performance

Shares of AVSU stock traded up $0.94 on Thursday, hitting $87.95. 33,870 shares of the stock traded hands, compared to its average volume of 13,681. The company’s fifty day moving average is $88.66 and its 200 day moving average is $84.26. Avantis Responsible U.S. Equity ETF has a 1-year low of $71.39 and a 1-year high of $91.17. The company has a market capitalization of $527.61 million, a PE ratio of 20.35 and a beta of 1.04.

Institutional Trading of Avantis Responsible U.S. Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Maseco LLP bought a new position in shares of Avantis Responsible U.S. Equity ETF in the 1st quarter worth about $95,592,000. Highland Financial Advisors LLC grew its position in shares of Avantis Responsible U.S. Equity ETF by 15.9% during the 2nd quarter. Highland Financial Advisors LLC now owns 175,042 shares of the company’s stock valued at $15,495,000 after buying an additional 24,004 shares during the last quarter. Trailhead Planners LLC bought a new stake in shares of Avantis Responsible U.S. Equity ETF during the 4th quarter valued at about $8,221,000. Corient Private Wealth LLC raised its stake in Avantis Responsible U.S. Equity ETF by 0.5% during the fourth quarter. Corient Private Wealth LLC now owns 95,849 shares of the company’s stock worth $7,313,000 after acquiring an additional 473 shares during the period. Finally, Greenspring Advisors LLC acquired a new stake in Avantis Responsible U.S. Equity ETF during the fourth quarter worth about $3,219,000.

About Avantis Responsible U.S. Equity ETF

The Avantis Responsible U.S. Equity ETF (AVSU) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in US companies of all market capitalizations. Holdings are screened for multiple ESG metrics and selected based on fundamental criteria AVSU was launched on Mar 15, 2022 and is managed by American Century Investments.