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

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) saw a large increase in short interest in April. As of April 15th, there was short interest totaling 202,867 shares, an increase of 37.1% from the March 31st total of 147,972 shares. Based on an average trading volume of 668,336 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the company’s stock are short sold.

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

A number of institutional investors have recently modified their holdings of AVLV. NBT Bank N A NY acquired a new stake in Avantis U.S. Large Cap Value ETF in the 1st quarter valued at approximately $35,000. Nixon Peabody Trust Co. increased its stake in shares of Avantis U.S. Large Cap Value ETF by 2.5% in the first quarter. Nixon Peabody Trust Co. now owns 1,031,823 shares of the company’s stock valued at $83,175,000 after buying an additional 25,499 shares in the last quarter. Root Financial Partners LLC increased its position in Avantis U.S. Large Cap Value ETF by 201.1% in the first quarter. Root Financial Partners LLC now owns 4,228 shares of the company’s stock worth $341,000 after purchasing an additional 2,824 shares during the period. Vicus Capital increased its position in Avantis U.S. Large Cap Value ETF by 31.1% in the first quarter. Vicus Capital now owns 15,985 shares of the company’s stock worth $1,289,000 after purchasing an additional 3,796 shares during the period. Finally, Lam Group Inc. boosted its position in shares of Avantis U.S. Large Cap Value ETF by 26.1% in the 1st quarter. Lam Group Inc. now owns 15,510 shares of the company’s stock worth $1,250,000 after purchasing an additional 3,215 shares during the last quarter.

Avantis U.S. Large Cap Value ETF Price Performance

AVLV traded down $0.39 during midday trading on Tuesday, hitting $85.53. 573,417 shares of the company’s stock traded hands, compared to its average volume of 643,923. The company has a market cap of $11.26 billion, a PE ratio of 15.70 and a beta of 0.97. The stock’s fifty day simple moving average is $82.55 and its 200-day simple moving average is $78.39. Avantis U.S. Large Cap Value ETF has a one year low of $61.24 and a one year high of $86.40.

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.