Avantis Responsible International Equity ETF (NYSEARCA:AVSD) Sees Significant Growth in Short Interest

Avantis Responsible International Equity ETF (NYSEARCA:AVSD) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 47,983 shares, an increase of 158.6% from the May 31st total of 18,555 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily trading volume, of 15,878 shares, the days-to-cover ratio is currently 3.0 days.

Avantis Responsible International Equity ETF Price Performance

Shares of NYSEARCA AVSD opened at $79.18 on Monday. The firm has a market capitalization of $443.41 million, a PE ratio of 15.41 and a beta of 0.84. Avantis Responsible International Equity ETF has a 1-year low of $66.27 and a 1-year high of $81.52. The business’s fifty day moving average price is $79.34 and its two-hundred day moving average price is $77.39.

Institutional Trading of Avantis Responsible International Equity ETF

A number of large investors have recently modified their holdings of the company. Revolve Wealth Partners LLC boosted its stake in Avantis Responsible International Equity ETF by 12.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 19,573 shares of the company’s stock valued at $1,090,000 after purchasing an additional 2,130 shares during the period. HUB Investment Partners LLC acquired a new stake in shares of Avantis Responsible International Equity ETF in the second quarter valued at approximately $2,042,000. North Ridge Wealth Advisors Inc. increased its stake in shares of Avantis Responsible International Equity ETF by 102.7% in the second quarter. North Ridge Wealth Advisors Inc. now owns 4,947 shares of the company’s stock valued at $334,000 after purchasing an additional 2,507 shares during the period. Journey Strategic Wealth LLC raised its holdings in shares of Avantis Responsible International Equity ETF by 5.8% during the third quarter. Journey Strategic Wealth LLC now owns 10,965 shares of the company’s stock valued at $785,000 after buying an additional 598 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC raised its holdings in shares of Avantis Responsible International Equity ETF by 297.2% during the third quarter. Focus Partners Advisor Solutions LLC now owns 21,904 shares of the company’s stock valued at $1,586,000 after buying an additional 16,390 shares during the last quarter.

About Avantis Responsible International Equity ETF

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