Short Interest in Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) Increases By 137.9%

Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 83,342 shares, an increase of 137.9% from the January 29th total of 35,030 shares. Based on an average daily volume of 28,935 shares, the days-to-cover ratio is currently 2.9 days. Currently, 2.7% of the company’s stock are short sold. Currently, 2.7% of the company’s stock are short sold. Based on an average daily volume of 28,935 shares, the days-to-cover ratio is currently 2.9 days.

Avantis International Small Cap Equity ETF Stock Performance

NYSEARCA:AVDS opened at $79.43 on Friday. The stock has a 50-day simple moving average of $74.41 and a 200 day simple moving average of $69.63. Avantis International Small Cap Equity ETF has a 52-week low of $48.00 and a 52-week high of $79.67. The company has a market cap of $246.23 million, a PE ratio of 13.68 and a beta of 0.68.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Kestra Advisory Services LLC bought a new stake in Avantis International Small Cap Equity ETF in the 4th quarter valued at $98,000. Dogwood Wealth Management LLC bought a new stake in Avantis International Small Cap Equity ETF during the third quarter worth $109,000. Tillman Hartley LLC acquired a new stake in Avantis International Small Cap Equity ETF in the third quarter valued at approximately $202,000. True North Advisors LLC acquired a new stake in Avantis International Small Cap Equity ETF during the 4th quarter worth about $211,000. Finally, Lionshead Wealth Management LLC bought a new position in Avantis International Small Cap Equity ETF in the second quarter worth approximately $233,000.

Avantis International Small Cap Equity ETF Company Profile

The Avantis International Small Cap Equity ETF (AVDS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap stocks outside the US. AVDS was launched on Jul 18, 2023 and is issued by American Century Investments.