Short Interest in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Decreases By 28.4%

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) was the recipient of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 77,443 shares, a decrease of 28.4% from the January 15th total of 108,218 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 96,798 shares, the short-interest ratio is presently 0.8 days. Based on an average trading volume of 96,798 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Investors Weigh In On Avantis U.S. Small Cap Equity ETF

Large investors have recently modified their holdings of the stock. KMG Fiduciary Partners LLC grew its holdings in Avantis U.S. Small Cap Equity ETF by 0.4% during the 3rd quarter. KMG Fiduciary Partners LLC now owns 51,824 shares of the company’s stock valued at $2,967,000 after purchasing an additional 216 shares in the last quarter. Centennial Wealth Advisory LLC lifted its holdings in Avantis U.S. Small Cap Equity ETF by 0.9% in the fourth quarter. Centennial Wealth Advisory LLC now owns 25,044 shares of the company’s stock worth $1,471,000 after acquiring an additional 218 shares during the last quarter. Global Retirement Partners LLC grew its position in Avantis U.S. Small Cap Equity ETF by 82.4% in the 3rd quarter. Global Retirement Partners LLC now owns 549 shares of the company’s stock worth $31,000 after purchasing an additional 248 shares during the last quarter. Evanson Asset Management LLC boosted its holdings in shares of Avantis U.S. Small Cap Equity ETF by 1.4% in the fourth quarter. Evanson Asset Management LLC now owns 17,653 shares of the company’s stock valued at $1,037,000 after acquiring an additional 252 shares in the last quarter. Finally, Clune & Associates LTD. raised its stake in shares of Avantis U.S. Small Cap Equity ETF by 1.8% in the 4th quarter. Clune & Associates LTD. now owns 15,391 shares of the company’s stock worth $904,000 after buying an additional 269 shares in the last quarter.

Avantis U.S. Small Cap Equity ETF Trading Up 1.2%

Shares of AVSC stock opened at $64.82 on Friday. The company has a market capitalization of $2.37 billion, a price-to-earnings ratio of 14.03 and a beta of 1.10. The firm has a 50-day moving average price of $61.73 and a 200 day moving average price of $58.36. Avantis U.S. Small Cap Equity ETF has a twelve month low of $41.58 and a twelve month high of $65.93.

About Avantis U.S. Small Cap Equity ETF

The Avantis U.S. Small Cap Equity ETF (AVSC) is an exchange-traded fund that is based on the Russell 2000 index. The fund is an actively-managed portfolio of US small-cap value companies selected based on fundamental criteria. AVSC was launched on Jan 11, 2022 and is managed by American Century Investments.