Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) Short Interest Update

Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) saw a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 66,636 shares, a decrease of 72.7% from the May 14th total of 243,967 shares. Based on an average daily volume of 18,666 shares, the short-interest ratio is presently 3.6 days. Currently, 1.8% of the shares of the stock are sold short.

Hedge Funds Weigh In On Avantis International Small Cap Equity ETF

Several hedge funds have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC bought a new stake in shares of Avantis International Small Cap Equity ETF during the fourth quarter worth approximately $98,000. Dogwood Wealth Management LLC bought a new position in Avantis International Small Cap Equity ETF in the third quarter valued at approximately $109,000. Tillman Hartley LLC bought a new position in Avantis International Small Cap Equity ETF in the third quarter valued at approximately $202,000. True North Advisors LLC bought a new position in Avantis International Small Cap Equity ETF during the 4th quarter worth about $211,000. Finally, Westwood Wealth Management bought a new position in Avantis International Small Cap Equity ETF during the 4th quarter worth about $243,000.

Avantis International Small Cap Equity ETF Stock Performance

Shares of AVDS stock traded up $1.98 during trading hours on Thursday, hitting $76.36. The company had a trading volume of 27,142 shares, compared to its average volume of 30,397. The firm’s fifty day moving average is $76.98 and its 200 day moving average is $74.20. Avantis International Small Cap Equity ETF has a 12 month low of $60.13 and a 12 month high of $80.21. The firm has a market capitalization of $282.53 million, a price-to-earnings ratio of 13.68 and a beta of 0.71.

Avantis International Small Cap Equity ETF Company Profile

The Avantis International Small Cap Equity ETF (AVDS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap stocks outside the US. AVDS was launched on Jul 18, 2023 and is issued by American Century Investments.