Avantis International Equity ETF (NYSEARCA:AVDE) Stock Short Interest Report for September

Avantis International Equity ETF (NYSEARCA:AVDE) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 2,047,864 shares, an increase of 165.6% from the September 15th total of 770,967 shares. Approximately 1.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,504,381 shares, the short-interest ratio is presently 1.4 days.

Avantis International Equity ETF Trading Up 0.5%

AVDE stock traded up $0.47 during mid-day trading on Tuesday, hitting $90.05. 671,056 shares of the company were exchanged, compared to its average volume of 1,150,580. The firm has a fifty day simple moving average of $92.49 and a 200 day simple moving average of $90.54. The company has a market capitalization of $19.17 billion, a PE ratio of 14.71 and a beta of 0.79. Avantis International Equity ETF has a twelve month low of $77.20 and a twelve month high of $94.82.

Institutional Trading of Avantis International Equity ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Team Financial Group LLC lifted its holdings in Avantis International Equity ETF by 184.5% during the 1st quarter. Team Financial Group LLC now owns 293 shares of the company’s stock valued at $25,000 after purchasing an additional 190 shares during the last quarter. Angeles Wealth Management LLC grew its position in shares of Avantis International Equity ETF by 470.6% in the 2nd quarter. Angeles Wealth Management LLC now owns 485 shares of the company’s stock valued at $43,000 after buying an additional 400 shares during the last quarter. Abound Wealth Management bought a new stake in Avantis International Equity ETF in the second quarter worth approximately $44,000. Western Wealth Management LLC acquired a new position in shares of Avantis International Equity ETF during the first quarter valued at about $42,000. Finally, Marquette Asset Management LLC bought a new position in shares of Avantis International Equity ETF in the third quarter valued at $45,000.

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.