Short Interest in Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Drops By 94.7%

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 66,556 shares, a decline of 94.7% from the May 31st total of 1,259,717 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 785,124 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Avantis International Small Cap Value ETF

Several large investors have recently bought and sold shares of the stock. Parallel Advisors LLC raised its position in shares of Avantis International Small Cap Value ETF by 3.1% during the 1st quarter. Parallel Advisors LLC now owns 3,332 shares of the company’s stock worth $333,000 after buying an additional 99 shares in the last quarter. Sound Income Strategies LLC boosted its holdings in shares of Avantis International Small Cap Value ETF by 111.7% in the first quarter. Sound Income Strategies LLC now owns 436 shares of the company’s stock valued at $44,000 after acquiring an additional 230 shares in the last quarter. Dorsey & Whitney Trust CO LLC increased its stake in shares of Avantis International Small Cap Value ETF by 11.4% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 2,726 shares of the company’s stock valued at $256,000 after acquiring an additional 280 shares during the period. Sunbelt Securities Inc. raised its holdings in Avantis International Small Cap Value ETF by 1,739.1% during the fourth quarter. Sunbelt Securities Inc. now owns 423 shares of the company’s stock worth $40,000 after purchasing an additional 400 shares in the last quarter. Finally, RHL Group LLC bought a new stake in Avantis International Small Cap Value ETF during the fourth quarter worth approximately $39,000.

Avantis International Small Cap Value ETF Stock Performance

Shares of NYSEARCA:AVDV traded up $0.12 on Thursday, hitting $104.22. The company’s stock had a trading volume of 620,453 shares, compared to its average volume of 790,763. The company has a market capitalization of $18.53 billion, a price-to-earnings ratio of 10.39 and a beta of 0.76. Avantis International Small Cap Value ETF has a 12 month low of $78.00 and a 12 month high of $110.99. The stock’s 50-day moving average is $107.17 and its two-hundred day moving average is $102.84.

Avantis International Small Cap Value ETF Company Profile

The Avantis International Small Cap Value ETF (AVDV) is an exchange-traded fund that is based on the MSCI World EX-U.S. Small Cap index. The fund is an actively-managed portfolio of non-US small-cap value companies in developed markets. AVDV was launched on Sep 24, 2019 and is managed by American Century Investments.