Short Interest in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Rises By 43.3%

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 479,223 shares, an increase of 43.3% from the November 30th total of 334,325 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 747,058 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 747,058 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.3% of the company’s stock are short sold.

Avantis U.S. Small Cap Value ETF Stock Performance

AVUV traded down $0.93 during trading on Wednesday, hitting $101.98. The stock had a trading volume of 748,322 shares, compared to its average volume of 972,847. The stock has a 50 day simple moving average of $100.49 and a two-hundred day simple moving average of $97.77. Avantis U.S. Small Cap Value ETF has a twelve month low of $74.00 and a twelve month high of $106.73. The company has a market capitalization of $19.48 billion, a PE ratio of 11.26 and a beta of 1.09.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Bank of New Hampshire purchased a new stake in shares of Avantis U.S. Small Cap Value ETF during the third quarter worth about $30,000. Hollencrest Capital Management purchased a new stake in Avantis U.S. Small Cap Value ETF during the 3rd quarter worth approximately $34,000. SBI Securities Co. Ltd. acquired a new position in Avantis U.S. Small Cap Value ETF during the 3rd quarter valued at approximately $47,000. Rosenberg Matthew Hamilton purchased a new position in shares of Avantis U.S. Small Cap Value ETF in the second quarter worth $61,000. Finally, Trust Co. of Vermont grew its holdings in shares of Avantis U.S. Small Cap Value ETF by 95.9% during the second quarter. Trust Co. of Vermont now owns 917 shares of the company’s stock valued at $84,000 after buying an additional 449 shares during the last quarter.

About Avantis U.S. Small Cap Value ETF

The Avantis U.S. Small Cap Value ETF (AVUV) is an exchange-traded fund that is based on the Russell 2000 Value index. The fund is an actively-managed portfolio of US small-cap value companies selected based on fundamental criteria. AVUV was launched on Sep 24, 2019 and is managed by American Century Investments.