Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU) Short Interest Up 1,608.6% in May

Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 5,160 shares, an increase of 1,608.6% from the April 30th total of 302 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 8,931 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of AVSU. Jane Street Group LLC purchased a new position in Avantis Responsible U.S. Equity ETF in the first quarter valued at $468,000. North Ridge Wealth Advisors Inc. boosted its holdings in Avantis Responsible U.S. Equity ETF by 149.0% in the second quarter. North Ridge Wealth Advisors Inc. now owns 8,205 shares of the company’s stock valued at $563,000 after purchasing an additional 4,910 shares during the period. Osaic Holdings Inc. boosted its holdings in Avantis Responsible U.S. Equity ETF by 44.3% in the second quarter. Osaic Holdings Inc. now owns 1,387 shares of the company’s stock valued at $95,000 after purchasing an additional 426 shares during the period. Truist Financial Corp boosted its holdings in Avantis Responsible U.S. Equity ETF by 7.5% in the third quarter. Truist Financial Corp now owns 26,505 shares of the company’s stock valued at $1,950,000 after purchasing an additional 1,847 shares during the period. Finally, Savant Capital LLC purchased a new stake in Avantis Responsible U.S. Equity ETF during the 3rd quarter worth about $2,076,000.

Avantis Responsible U.S. Equity ETF Trading Up 0.0%

NYSEARCA:AVSU traded up $0.01 during midday trading on Wednesday, reaching $86.68. The company had a trading volume of 10,738 shares, compared to its average volume of 17,374. The firm has a market capitalization of $459.40 million, a price-to-earnings ratio of 20.35 and a beta of 1.05. The stock’s fifty day simple moving average is $79.96 and its 200-day simple moving average is $78.04. Avantis Responsible U.S. Equity ETF has a 12-month low of $64.95 and a 12-month high of $86.93.

About Avantis Responsible U.S. Equity ETF

The Avantis Responsible U.S. Equity ETF (AVSU) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in US companies of all market capitalizations. Holdings are screened for multiple ESG metrics and selected based on fundamental criteria AVSU was launched on Mar 15, 2022 and is managed by American Century Investments.