Short Interest in Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Expands By 1,566.8%

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 878,036 shares, an increase of 1,566.8% from the June 30th total of 52,678 shares. Based on an average trading volume of 1,317,429 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.5% of the shares of the company are short sold.

Institutional Trading of Avantis International Small Cap Value ETF

Several large investors have recently added to or reduced their stakes in the business. Lam Group Inc. raised its position in Avantis International Small Cap Value ETF by 10.1% in the second quarter. Lam Group Inc. now owns 22,885 shares of the company’s stock worth $2,358,000 after acquiring an additional 2,105 shares during the period. Allied Private Wealth LLC bought a new stake in shares of Avantis International Small Cap Value ETF during the 2nd quarter valued at $236,000. Exchange Bank increased its stake in shares of Avantis International Small Cap Value ETF by 13.1% in the 2nd quarter. Exchange Bank now owns 8,379 shares of the company’s stock worth $863,000 after purchasing an additional 970 shares in the last quarter. Worth Asset Management LLC purchased a new stake in shares of Avantis International Small Cap Value ETF in the 2nd quarter worth $207,000. Finally, Emprise Bank raised its holdings in Avantis International Small Cap Value ETF by 2.6% in the 2nd quarter. Emprise Bank now owns 295,845 shares of the company’s stock worth $30,487,000 after purchasing an additional 7,460 shares during the period.

Avantis International Small Cap Value ETF Stock Up 0.6%

Shares of Avantis International Small Cap Value ETF stock traded up $0.61 during trading hours on Friday, reaching $104.12. 466,581 shares of the stock traded hands, compared to its average volume of 822,566. Avantis International Small Cap Value ETF has a one year low of $79.72 and a one year high of $110.99. The firm has a market capitalization of $18.81 billion, a price-to-earnings ratio of 10.39 and a beta of 0.77. The company has a 50 day moving average price of $105.86 and a 200 day moving average price of $104.27.

About Avantis International Small Cap Value ETF

The Avantis International Small Cap Value ETF (AVDV) is an exchange-traded fund that is based on the MSCI World EX-U.S. Small Cap index. The fund is an actively-managed portfolio of non-US small-cap value companies in developed markets. AVDV was launched on Sep 24, 2019 and is managed by American Century Investments.