Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) Short Interest Update

Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) was the target of a significant drop in short interest in May. As of May 29th, there was short interest totaling 66,636 shares, a drop of 72.7% from the May 14th total of 243,967 shares. Based on an average daily trading volume, of 18,666 shares, the days-to-cover ratio is currently 3.6 days. Approximately 1.8% of the company’s stock are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. CWM LLC boosted its stake in shares of Avantis International Small Cap Equity ETF by 11.0% during the 4th quarter. CWM LLC now owns 155,562 shares of the company’s stock worth $10,860,000 after acquiring an additional 15,369 shares during the period. Lam Group Inc. increased its holdings in shares of 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 purchasing an additional 9,355 shares during the last quarter. Park Avenue Securities LLC increased its holdings in shares of 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 purchasing an additional 8,367 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of 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 purchasing an additional 13,947 shares during the last quarter. Finally, Endeavor Private Wealth Inc. increased its holdings in shares of Avantis International Small Cap Equity ETF by 111.1% in the fourth quarter. Endeavor Private Wealth Inc. now owns 14,919 shares of the company’s stock valued at $1,041,000 after purchasing an additional 7,853 shares during the last quarter.

Avantis International Small Cap Equity ETF Stock Up 2.7%

Shares of AVDS stock traded up $1.98 on Thursday, reaching $76.36. The stock had a trading volume of 27,142 shares, compared to its average volume of 30,397. The firm’s 50-day moving average is $76.98 and its two-hundred day moving average is $74.20. The firm has a market capitalization of $282.53 million, a price-to-earnings ratio of 13.68 and a beta of 0.71. Avantis International Small Cap Equity ETF has a 12 month low of $60.13 and a 12 month high of $80.21.

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.