Avantis International Equity ETF (NYSEARCA:AVDE – Get Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 937,001 shares, a growth of 94.7% from the June 15th total of 481,297 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average trading volume of 968,783 shares, the short-interest ratio is presently 1.0 days.
Avantis International Equity ETF Trading Down 1.0%
Shares of NYSEARCA:AVDE traded down $0.88 during trading on Thursday, reaching $89.73. 689,816 shares of the stock were exchanged, compared to its average volume of 1,176,696. Avantis International Equity ETF has a 12 month low of $72.79 and a 12 month high of $92.60. The firm has a market cap of $17.53 billion, a PE ratio of 14.71 and a beta of 0.78. The stock has a 50-day moving average price of $90.12 and a 200-day moving average price of $88.21.
Institutional Trading of Avantis International Equity ETF
Several institutional investors have recently added to or reduced their stakes in AVDE. Team Financial Group LLC lifted its holdings in shares of Avantis International Equity ETF by 184.5% during the first quarter. Team Financial Group LLC now owns 293 shares of the company’s stock worth $25,000 after buying an additional 190 shares in the last quarter. Hantz Financial Services Inc. bought a new position in Avantis International Equity ETF during the fourth quarter worth about $29,000. RHL Group LLC acquired a new stake in Avantis International Equity ETF in the 4th quarter worth about $38,000. Western Wealth Management LLC acquired a new stake in Avantis International Equity ETF in the 1st quarter worth about $42,000. Finally, Abound Wealth Management bought a new stake in shares of Avantis International Equity ETF in the second quarter valued at approximately $44,000.
About Avantis International Equity ETF
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.
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