Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Shares Shorted: Short Interest Up 79.4% in October

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC – Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 180,675 shares, a growth of 79.4% from the September 30th total of 100,729 shares. Based on an average trading volume of 178,496 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.4% of the shares of the company are short sold.

Avantis U.S. Small Cap Equity ETF Trading Down 1.1%

NYSEARCA:AVSC traded down $0.82 during trading hours on Friday, hitting $71.28. 187,321 shares of the company traded hands, compared to its average volume of 132,306. Avantis U.S. Small Cap Equity ETF has a twelve month low of $54.31 and a twelve month high of $75.30. The firm has a 50-day moving average of $71.04 and a 200 day moving average of $68.46. The stock has a market capitalization of $3.19 billion, a price-to-earnings ratio of 14.03 and a beta of 1.03.

Institutional Investors Weigh In On Avantis U.S. Small Cap Equity ETF

Several hedge funds have recently made changes to their positions in AVSC. Chicago Partners Investment Group LLC acquired a new stake in Avantis U.S. Small Cap Equity ETF during the third quarter worth about $13,443,000. Team Financial Group LLC acquired a new position in Avantis U.S. Small Cap Equity ETF in the 3rd quarter valued at approximately $875,000. Mraz Amerine & Associates Inc. acquired a new position in Avantis U.S. Small Cap Equity ETF in the 3rd quarter valued at approximately $3,921,000. Bauman Advisory Group LLC acquired a new position in Avantis U.S. Small Cap Equity ETF in the 3rd quarter valued at approximately $5,879,000. Finally, Signature Equity Partners LLC bought a new stake in shares of Avantis U.S. Small Cap Equity ETF in the 3rd quarter worth approximately $95,000.

Avantis U.S. Small Cap Equity ETF Company Profile

(Get Free Report)

The Avantis U.S. Small Cap Equity ETF (AVSC) is an exchange-traded fund that is based on the Russell 2000 index. The fund is an actively-managed portfolio of US small-cap value companies selected based on fundamental criteria. AVSC was launched on Jan 11, 2022 and is managed by American Century Investments.

Further Reading

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