Avantis International Equity ETF (NYSEARCA:AVDE) Stock Short Interest Falls 77.7%

Avantis International Equity ETF (NYSEARCA:AVDE) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 455,738 shares, a drop of 77.7% from the September 30th total of 2,047,864 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 1,193,643 shares, the days-to-cover ratio is presently 0.4 days.

Avantis International Equity ETF Stock Up 0.1%

Shares of AVDE traded up $0.11 during mid-day trading on Wednesday, hitting $89.80. 1,189,027 shares of the company’s stock traded hands, compared to its average volume of 1,137,481. Avantis International Equity ETF has a 1 year low of $77.20 and a 1 year high of $94.82. The firm has a market capitalization of $19.50 billion, a P/E ratio of 14.71 and a beta of 0.79. The business’s 50-day moving average price is $91.64 and its 200-day moving average price is $89.68.

Institutional Trading of Avantis International Equity ETF

Large investors have recently added to or reduced their stakes in the stock. Soltis Investment Advisors LLC purchased a new position in Avantis International Equity ETF during the 3rd quarter valued at $316,000. Riverchase Wealth Management LLC raised its holdings in Avantis International Equity ETF by 10.8% in the 3rd quarter. Riverchase Wealth Management LLC now owns 18,666 shares of the company’s stock worth $1,682,000 after purchasing an additional 1,817 shares in the last quarter. Frankly Finances LLC lifted its position in shares of Avantis International Equity ETF by 3.8% in the 3rd quarter. Frankly Finances LLC now owns 15,080 shares of the company’s stock worth $1,359,000 after purchasing an additional 550 shares during the period. Interchange Capital Partners LLC lifted its position in shares of Avantis International Equity ETF by 155.7% in the 3rd quarter. Interchange Capital Partners LLC now owns 82,243 shares of the company’s stock worth $7,518,000 after purchasing an additional 50,077 shares during the period. Finally, Morey & Quinn Wealth Partners LLC lifted its position in shares of Avantis International Equity ETF by 37.5% in the 3rd quarter. Morey & Quinn Wealth Partners LLC now owns 6,692 shares of the company’s stock worth $603,000 after purchasing an additional 1,825 shares during the period.

Avantis International Equity ETF Company Profile

The Avantis International Equity ETF (AVDE) is an exchange-traded fund that is based on the MSCI WORLD EX USA IMI INDEX index. The fund is an actively managed portfolio of non-US companies from developed markets, of all market capitalizations, focusing on smaller, value companies. AVDE was launched on Sep 24, 2019 and is managed by American Century Investments.