Short Interest in Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Drops By 28.2%

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) was the target of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 193,119 shares, a decline of 28.2% from the February 12th total of 268,834 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 632,187 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 632,187 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the company’s stock are short sold.

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

Hedge funds have recently bought and sold shares of the company. BIP Wealth LLC boosted its holdings in shares of Avantis U.S. Large Cap Value ETF by 7.1% during the 3rd quarter. BIP Wealth LLC now owns 5,254 shares of the company’s stock worth $380,000 after buying an additional 347 shares during the period. Hurley Capital LLC raised its holdings in Avantis U.S. Large Cap Value ETF by 501.1% in the 2nd quarter. Hurley Capital LLC now owns 541 shares of the company’s stock valued at $37,000 after acquiring an additional 451 shares during the period. Aventura Private Wealth LLC acquired a new stake in Avantis U.S. Large Cap Value ETF during the fourth quarter worth approximately $43,000. Diversified Portfolios Inc. lifted its position in Avantis U.S. Large Cap Value ETF by 8.0% during the third quarter. Diversified Portfolios Inc. now owns 8,274 shares of the company’s stock worth $598,000 after acquiring an additional 610 shares during the last quarter. Finally, GoalVest Advisory LLC bought a new stake in shares of Avantis U.S. Large Cap Value ETF during the third quarter worth approximately $61,000.

Avantis U.S. Large Cap Value ETF Price Performance

AVLV stock traded down $0.03 during trading hours on Friday, reaching $79.82. The stock had a trading volume of 528,392 shares, compared to its average volume of 597,765. The stock has a market capitalization of $9.85 billion, a PE ratio of 15.70 and a beta of 0.99. The stock has a 50-day simple moving average of $81.38 and a 200 day simple moving average of $76.10. Avantis U.S. Large Cap Value ETF has a fifty-two week low of $55.67 and a fifty-two week high of $84.74.

Avantis U.S. Large Cap Value ETF Company Profile

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.