Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Sees Significant Increase in Short Interest

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) saw a large increase in short interest in January. As of January 15th, there was short interest totaling 619,227 shares, an increase of 61.3% from the December 31st total of 383,917 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 1,082,422 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 1,082,422 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the company’s stock are sold short.

Institutional Trading of Avantis U.S. Small Cap Value ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of New Hampshire bought a new position in shares of Avantis U.S. Small Cap Value ETF during the 3rd quarter valued at about $30,000. Rogco LP bought a new stake in shares of Avantis U.S. Small Cap Value ETF in the 4th quarter worth about $31,000. Hollencrest Capital Management bought a new stake in Avantis U.S. Small Cap Value ETF in the third quarter worth about $34,000. Lodestone Wealth Management LLC purchased a new position in shares of Avantis U.S. Small Cap Value ETF during the fourth quarter valued at approximately $43,000. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Avantis U.S. Small Cap Value ETF during the third quarter valued at approximately $47,000.

Avantis U.S. Small Cap Value ETF Stock Performance

Shares of NYSEARCA AVUV traded up $1.31 during midday trading on Monday, hitting $110.58. 256,018 shares of the stock traded hands, compared to its average volume of 997,852. The firm has a market capitalization of $22.37 billion, a P/E ratio of 11.26 and a beta of 1.09. The firm has a 50-day moving average of $104.88 and a two-hundred day moving average of $100.17. Avantis U.S. Small Cap Value ETF has a one year low of $74.00 and a one year high of $111.14.

Avantis U.S. Small Cap Value ETF Company Profile

The Avantis U.S. Small Cap Value ETF (AVUV) is an exchange-traded fund that is based on the Russell 2000 Value index. The fund is an actively-managed portfolio of US small-cap value companies selected based on fundamental criteria. AVUV was launched on Sep 24, 2019 and is managed by American Century Investments.