Short Interest in Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU) Decreases By 33.4%

Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 16,731 shares, a decrease of 33.4% from the August 15th total of 25,103 shares. Based on an average trading volume of 9,677 shares, the short-interest ratio is presently 1.7 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Elevation Wealth Partners LLC grew its stake in shares of Avantis Responsible U.S. Equity ETF by 19.1% in the second quarter. Elevation Wealth Partners LLC now owns 1,204 shares of the company’s stock valued at $107,000 after buying an additional 193 shares in the last quarter. WealthCollab LLC raised its holdings in shares of Avantis Responsible U.S. Equity ETF by 92.7% during the 1st quarter. WealthCollab LLC now owns 1,655 shares of the company’s stock valued at $122,000 after buying an additional 796 shares during the period. Red Lighthouse Investment Management LLC acquired a new position in Avantis Responsible U.S. Equity ETF during the 2nd quarter worth approximately $215,000. Professional Financial Solutions LLC ADV acquired a new position in Avantis Responsible U.S. Equity ETF during the 4th quarter worth approximately $352,000. Finally, Citadel Advisors LLC boosted its holdings in Avantis Responsible U.S. Equity ETF by 16.6% in the 2nd quarter. Citadel Advisors LLC now owns 5,867 shares of the company’s stock worth $519,000 after acquiring an additional 834 shares during the period.

Avantis Responsible U.S. Equity ETF Stock Performance

Shares of NYSEARCA:AVSU traded down $0.23 during midday trading on Friday, hitting $87.75. 511 shares of the company’s stock traded hands, compared to its average volume of 13,640. The company has a market cap of $526.41 million, a PE ratio of 20.35 and a beta of 1.04. The firm’s fifty day moving average price is $88.66 and its two-hundred day moving average price is $84.33. Avantis Responsible U.S. Equity ETF has a twelve month low of $71.39 and a twelve month high of $91.17.

Avantis Responsible U.S. Equity ETF Company Profile

The Avantis Responsible U.S. Equity ETF (AVSU) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in US companies of all market capitalizations. Holdings are screened for multiple ESG metrics and selected based on fundamental criteria AVSU was launched on Mar 15, 2022 and is managed by American Century Investments.