Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Shares Shorted: Short Interest Down 69.6% in September

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 177,033 shares, a drop of 69.6% from the August 31st total of 582,320 shares. Based on an average trading volume of 1,389,154 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Avantis U.S. Large Cap Value ETF

Several institutional investors have recently bought and sold shares of the stock. Nixon Peabody Trust Co. raised its position in Avantis U.S. Large Cap Value ETF by 2.5% in the 1st quarter. Nixon Peabody Trust Co. now owns 1,031,823 shares of the company’s stock valued at $83,175,000 after buying an additional 25,499 shares during the last quarter. ESL Trust Services LLC boosted its holdings in Avantis U.S. Large Cap Value ETF by 2.6% during the 1st quarter. ESL Trust Services LLC now owns 842,631 shares of the company’s stock worth $67,924,000 after acquiring an additional 21,199 shares during the last quarter. First National Bank Sioux Falls grew its stake in shares of Avantis U.S. Large Cap Value ETF by 5.3% in the 1st quarter. First National Bank Sioux Falls now owns 225,021 shares of the company’s stock worth $19,039,000 after acquiring an additional 11,403 shares in the last quarter. Fidelity D & D Bancorp Inc. grew its stake in shares of Avantis U.S. Large Cap Value ETF by 14.4% in the 1st quarter. Fidelity D & D Bancorp Inc. now owns 221,519 shares of the company’s stock worth $17,857,000 after acquiring an additional 27,885 shares in the last quarter. Finally, Advantage Trust Co raised its holdings in shares of Avantis U.S. Large Cap Value ETF by 3.4% in the first quarter. Advantage Trust Co now owns 211,547 shares of the company’s stock valued at $17,053,000 after purchasing an additional 7,013 shares during the last quarter.

Avantis U.S. Large Cap Value ETF Stock Performance

AVLV traded down $0.76 during midday trading on Monday, reaching $91.08. 1,192,792 shares of the company were exchanged, compared to its average volume of 1,271,658. The company’s fifty day moving average price is $93.30 and its 200 day moving average price is $89.24. The company has a market cap of $21.28 billion, a price-to-earnings ratio of 15.70 and a beta of 0.94. Avantis U.S. Large Cap Value ETF has a one year low of $70.10 and a one year high of $95.32.

About Avantis U.S. Large Cap Value ETF

The Avantis U.S. Large Cap Value ETF (AVLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap value companies selected based on fundamental criteria. AVLV was launched on Sep 21, 2021 and is managed by American Century Investments.