Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) Sees Large Growth in Short Interest

Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 243,967 shares, a growth of 191.8% from the April 30th total of 83,595 shares. Based on an average daily trading volume, of 18,603 shares, the days-to-cover ratio is presently 13.1 days. Currently, 6.6% of the company’s shares are short sold.

Institutional Trading of Avantis International Small Cap Equity ETF

Institutional investors have recently added to or reduced their stakes in the stock. CWM LLC boosted its holdings in Avantis International Small Cap Equity ETF by 11.0% in the fourth quarter. CWM LLC now owns 155,562 shares of the company’s stock valued at $10,860,000 after acquiring an additional 15,369 shares during the last quarter. Park Avenue Securities LLC boosted its holdings in Avantis International Small Cap Equity ETF by 10.9% in the fourth quarter. Park Avenue Securities LLC now owns 84,804 shares of the company’s stock valued at $5,920,000 after acquiring an additional 8,367 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in Avantis International Small Cap Equity ETF by 10.4% in the third quarter. Envestnet Asset Management Inc. now owns 147,458 shares of the company’s stock valued at $9,961,000 after acquiring an additional 13,947 shares during the last quarter. Lam Group Inc. boosted its holdings in Avantis International Small Cap Equity ETF by 166.5% in the fourth quarter. Lam Group Inc. now owns 14,975 shares of the company’s stock valued at $1,045,000 after acquiring an additional 9,355 shares during the last quarter. Finally, Tillman Hartley LLC bought a new stake in Avantis International Small Cap Equity ETF in the third quarter valued at approximately $202,000.

Avantis International Small Cap Equity ETF Trading Up 0.4%

AVDS stock traded up $0.35 during trading on Friday, hitting $79.55. The company had a trading volume of 30,653 shares, compared to its average volume of 30,834. The business has a 50-day moving average of $75.92 and a 200-day moving average of $73.55. Avantis International Small Cap Equity ETF has a one year low of $59.68 and a one year high of $80.21. The stock has a market cap of $294.34 million, a PE ratio of 13.68 and a beta of 0.71.

About Avantis International Small Cap Equity ETF

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.