Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Short Interest Update

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 165,393 shares, an increase of 47.6% from the November 30th total of 112,038 shares. Based on an average trading volume of 380,463 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 380,463 shares, the days-to-cover ratio is currently 0.4 days.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AVLV. Ameriprise Financial Inc. raised its position in shares of Avantis U.S. Large Cap Value ETF by 16.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,568,058 shares of the company’s stock valued at $257,768,000 after buying an additional 513,695 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of Avantis U.S. Large Cap Value ETF by 146.7% in the 2nd quarter. Farther Finance Advisors LLC now owns 330,146 shares of the company’s stock worth $22,519,000 after acquiring an additional 196,337 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Avantis U.S. Large Cap Value ETF by 58.0% in the second quarter. JPMorgan Chase & Co. now owns 423,936 shares of the company’s stock valued at $28,917,000 after acquiring an additional 155,562 shares in the last quarter. White Pine Investment CO purchased a new stake in shares of Avantis U.S. Large Cap Value ETF during the second quarter worth about $5,273,000. Finally, ESL Trust Services LLC purchased a new stake in shares of Avantis U.S. Large Cap Value ETF during the third quarter valued at $4,032,000.

Avantis U.S. Large Cap Value ETF Price Performance

Shares of NYSEARCA:AVLV traded down $0.58 during midday trading on Wednesday, hitting $75.80. The company had a trading volume of 295,489 shares, compared to its average volume of 513,173. Avantis U.S. Large Cap Value ETF has a 12-month low of $55.67 and a 12-month high of $77.04. The company has a fifty day moving average of $74.09 and a two-hundred day moving average of $71.72. The company has a market cap of $8.79 billion, a price-to-earnings ratio of 15.70 and a beta of 0.99.

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.