Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Short Interest Update

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 878,036 shares, a growth of 1,566.8% from the June 30th total of 52,678 shares. Based on an average daily trading volume, of 1,317,429 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.5% of the shares of the company are short sold.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its position in Avantis International Small Cap Value ETF by 217.1% during the second quarter. JPMorgan Chase & Co. now owns 8,079 shares of the company’s stock valued at $641,000 after purchasing an additional 5,531 shares during the period. Ameriprise Financial Inc. bought a new stake in Avantis International Small Cap Value ETF in the 2nd quarter worth approximately $283,000. Captrust Financial Advisors raised its stake in Avantis International Small Cap Value ETF by 9.0% during the 2nd quarter. Captrust Financial Advisors now owns 14,880 shares of the company’s stock valued at $1,180,000 after buying an additional 1,233 shares during the last quarter. Greenline Partners LLC raised its stake in Avantis International Small Cap Value ETF by 7.2% during the 3rd quarter. Greenline Partners LLC now owns 370,839 shares of the company’s stock valued at $33,016,000 after buying an additional 25,004 shares during the last quarter. Finally, CoreCap Advisors LLC lifted its holdings in shares of Avantis International Small Cap Value ETF by 21.5% during the 4th quarter. CoreCap Advisors LLC now owns 19,447 shares of the company’s stock valued at $1,827,000 after buying an additional 3,436 shares during the period.

Avantis International Small Cap Value ETF Trading Up 0.6%

NYSEARCA:AVDV traded up $0.61 during mid-day trading on Friday, reaching $104.12. The company’s stock had a trading volume of 466,581 shares, compared to its average volume of 822,566. The stock has a market cap of $18.81 billion, a P/E ratio of 10.39 and a beta of 0.77. The firm’s fifty day moving average price is $105.86 and its two-hundred day moving average price is $104.27. Avantis International Small Cap Value ETF has a 12-month low of $79.72 and a 12-month high of $110.99.

Avantis International Small Cap Value ETF Company Profile

The Avantis International Small Cap Value ETF (AVDV) is an exchange-traded fund that is based on the MSCI World EX-U.S. Small Cap index. The fund is an actively-managed portfolio of non-US small-cap value companies in developed markets. AVDV was launched on Sep 24, 2019 and is managed by American Century Investments.