Short Interest in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Drops By 23.6%

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) was the recipient of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 473,125 shares, a drop of 23.6% from the January 15th total of 619,227 shares. Based on an average trading volume of 992,792 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 992,792 shares, the short-interest ratio is presently 0.5 days.

Avantis U.S. Small Cap Value ETF Price Performance

Shares of NYSEARCA:AVUV opened at $114.90 on Tuesday. Avantis U.S. Small Cap Value ETF has a 1 year low of $74.00 and a 1 year high of $116.56. The business’s 50-day moving average is $107.62 and its 200-day moving average is $101.66. The company has a market capitalization of $23.27 billion, a price-to-earnings ratio of 11.26 and a beta of 1.09.

Hedge Funds Weigh In On Avantis U.S. Small Cap Value ETF

Several institutional investors have recently added to or reduced their stakes in AVUV. Baldwin Investment Management LLC grew its position in shares of Avantis U.S. Small Cap Value ETF by 4.8% during the 4th quarter. Baldwin Investment Management LLC now owns 2,750 shares of the company’s stock worth $280,000 after buying an additional 125 shares during the period. CGC Financial Services LLC boosted its stake in Avantis U.S. Small Cap Value ETF by 0.8% during the fourth quarter. CGC Financial Services LLC now owns 16,678 shares of the company’s stock worth $1,701,000 after acquiring an additional 132 shares in the last quarter. Transcendent Capital Group LLC grew its holdings in Avantis U.S. Small Cap Value ETF by 1.0% in the fourth quarter. Transcendent Capital Group LLC now owns 13,968 shares of the company’s stock worth $1,424,000 after purchasing an additional 135 shares during the period. IFP Advisors Inc grew its holdings in Avantis U.S. Small Cap Value ETF by 1.9% in the third quarter. IFP Advisors Inc now owns 7,980 shares of the company’s stock worth $794,000 after purchasing an additional 149 shares during the period. Finally, Meadow Creek Wealth Advisors LLC increased its stake in Avantis U.S. Small Cap Value ETF by 0.6% in the second quarter. Meadow Creek Wealth Advisors LLC now owns 25,079 shares of the company’s stock valued at $2,285,000 after purchasing an additional 156 shares in the last quarter.

About Avantis U.S. Small Cap Value ETF

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.