Short Interest in Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) Increases By 137.9%

Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 83,342 shares, an increase of 137.9% from the January 29th total of 35,030 shares. Based on an average daily volume of 28,935 shares, the short-interest ratio is currently 2.9 days. Currently, 2.7% of the shares of the stock are sold short. Currently, 2.7% of the shares of the stock are sold short. Based on an average daily volume of 28,935 shares, the short-interest ratio is currently 2.9 days.

Avantis International Small Cap Equity ETF Stock Performance

NYSEARCA AVDS opened at $79.20 on Friday. The business has a fifty day moving average price of $74.21 and a 200 day moving average price of $69.49. The company has a market cap of $245.52 million, a P/E ratio of 13.68 and a beta of 0.68. Avantis International Small Cap Equity ETF has a one year low of $48.00 and a one year high of $79.22.

Institutional Investors Weigh In On Avantis International Small Cap Equity ETF

Several large investors have recently added to or reduced their stakes in AVDS. Kestra Advisory Services LLC acquired a new position in shares of Avantis International Small Cap Equity ETF in the fourth quarter worth $98,000. Dogwood Wealth Management LLC acquired a new stake in Avantis International Small Cap Equity ETF in the third quarter valued at $109,000. Tillman Hartley LLC purchased a new stake in Avantis International Small Cap Equity ETF during the 3rd quarter worth about $202,000. True North Advisors LLC acquired a new stake in shares of Avantis International Small Cap Equity ETF during the 4th quarter worth about $211,000. Finally, Lionshead Wealth Management LLC purchased a new position in Avantis International Small Cap Equity ETF in the second quarter valued at approximately $233,000.

About Avantis International Small Cap Equity ETF

The Avantis International Small Cap Equity ETF (AVDS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap stocks outside the US. AVDS was launched on Jul 18, 2023 and is issued by American Century Investments.