Avantis U.S. Equity ETF (NYSEARCA:AVUS) Sees Significant Decrease in Short Interest

Avantis U.S. Equity ETF (NYSEARCA:AVUS) saw a significant drop in short interest in May. As of May 15th, there was short interest totaling 185,428 shares, a drop of 37.4% from the April 30th total of 296,439 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 290,275 shares, the short-interest ratio is presently 0.6 days.

Avantis U.S. Equity ETF Stock Up 0.5%

Shares of AVUS opened at $128.22 on Wednesday. The company has a market cap of $12.81 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a twelve month low of $96.61 and a twelve month high of $128.36. The company has a 50 day moving average of $119.62 and a two-hundred day moving average of $115.63.

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

Institutional investors have recently bought and sold shares of the company. CPC Advisors LLC lifted its stake in shares of Avantis U.S. Equity ETF by 1.4% during the fourth quarter. CPC Advisors LLC now owns 488,010 shares of the company’s stock worth $54,550,000 after buying an additional 6,820 shares during the period. Leo Wealth LLC lifted its stake in shares of Avantis U.S. Equity ETF by 81.0% during the fourth quarter. Leo Wealth LLC now owns 483,817 shares of the company’s stock worth $54,104,000 after buying an additional 216,502 shares during the period. Signature Resources Capital Management LLC lifted its stake in shares of Avantis U.S. Equity ETF by 5.6% during the fourth quarter. Signature Resources Capital Management LLC now owns 271,612 shares of the company’s stock worth $30,361,000 after buying an additional 14,461 shares during the period. American Century Companies Inc. lifted its stake in shares of Avantis U.S. Equity ETF by 2.8% during the third quarter. American Century Companies Inc. now owns 3,571,038 shares of the company’s stock worth $388,172,000 after buying an additional 96,975 shares during the period. Finally, Jones Financial Companies Lllp lifted its stake in shares of Avantis U.S. Equity ETF by 64.7% during the third quarter. Jones Financial Companies Lllp now owns 34,347 shares of the company’s stock worth $3,723,000 after buying an additional 13,491 shares during the period.

About Avantis U.S. Equity ETF

The Avantis U.S. Equity ETF (AVUS) is an exchange-traded fund that is based on the Russell 3000 index. The fund is an actively managed portfolio of US equities of all market capitalizations, with a bias toward smaller, more profitable or value companies. AVUS was launched on Sep 24, 2019 and is managed by American Century Investments.