Avantis Moderate Allocation ETF (NYSEARCA:AVMA) Short Interest Down 74.7% in January

Avantis Moderate Allocation ETF (NYSEARCA:AVMA) was the recipient of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 1,005 shares, a drop of 74.7% from the January 15th total of 3,967 shares. Based on an average daily volume of 3,779 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 3,779 shares, the short-interest ratio is presently 0.3 days.

Avantis Moderate Allocation ETF Stock Up 0.4%

Shares of AVMA traded up $0.31 during trading hours on Wednesday, reaching $70.29. 10,049 shares of the company traded hands, compared to its average volume of 3,898. Avantis Moderate Allocation ETF has a 12 month low of $52.83 and a 12 month high of $70.35. The company’s fifty day moving average price is $67.58 and its two-hundred day moving average price is $65.62. The company has a market capitalization of $56.23 million, a price-to-earnings ratio of 16.65 and a beta of 0.71.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Cogent Private Wealth Inc. bought a new position in shares of Avantis Moderate Allocation ETF in the 4th quarter worth approximately $6,398,000. Crosspoint Financial LLC grew its stake in Avantis Moderate Allocation ETF by 78.4% in the fourth quarter. Crosspoint Financial LLC now owns 18,910 shares of the company’s stock worth $1,254,000 after purchasing an additional 8,310 shares during the period. Integrity Wealth Solutions LLC grew its stake in Avantis Moderate Allocation ETF by 17.4% in the fourth quarter. Integrity Wealth Solutions LLC now owns 9,577 shares of the company’s stock worth $635,000 after purchasing an additional 1,420 shares during the period. Farther Finance Advisors LLC bought a new position in Avantis Moderate Allocation ETF in the fourth quarter worth $40,000. Finally, Arlington Financial Advisors LLC purchased a new position in Avantis Moderate Allocation ETF during the fourth quarter valued at $223,000.

About Avantis Moderate Allocation ETF

The Avantis Moderate Allocation ETF (AVMA) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an actively managed, asset allocation fund-of-funds that invests with moderate risk in a broad basket of equity and fixed income ETFs. AVMA was launched on Jun 27, 2023 and is managed by American Century Investments.