Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Short Interest Update

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 106,845 shares, a decrease of 49.3% from the May 31st total of 210,701 shares. Based on an average daily trading volume, of 125,291 shares, the short-interest ratio is currently 0.9 days. Approximately 0.3% of the company’s stock are sold short.

Avantis U.S. Small Cap Equity ETF Stock Performance

Avantis U.S. Small Cap Equity ETF stock opened at $73.02 on Tuesday. The firm has a market capitalization of $2.88 billion, a price-to-earnings ratio of 14.03 and a beta of 1.04. The firm’s fifty day moving average price is $68.93 and its two-hundred day moving average price is $64.81. Avantis U.S. Small Cap Equity ETF has a 1-year low of $50.78 and a 1-year high of $73.17.

Hedge Funds Weigh In On Avantis U.S. Small Cap Equity ETF

Hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its stake in shares of Avantis U.S. Small Cap Equity ETF by 271.7% in the second quarter. JPMorgan Chase & Co. now owns 64,720 shares of the company’s stock worth $3,338,000 after purchasing an additional 47,309 shares during the last quarter. Raymond James Financial Inc. boosted its position in shares of Avantis U.S. Small Cap Equity ETF by 33.8% during the second quarter. Raymond James Financial Inc. now owns 35,803 shares of the company’s stock valued at $1,846,000 after buying an additional 9,044 shares during the last quarter. MML Investors Services LLC grew its holdings in Avantis U.S. Small Cap Equity ETF by 14.7% during the second quarter. MML Investors Services LLC now owns 72,378 shares of the company’s stock worth $3,733,000 after buying an additional 9,264 shares in the last quarter. Osaic Holdings Inc. raised its position in Avantis U.S. Small Cap Equity ETF by 111.2% in the 2nd quarter. Osaic Holdings Inc. now owns 2,969 shares of the company’s stock valued at $153,000 after buying an additional 1,563 shares during the last quarter. Finally, Compound Planning Inc. purchased a new stake in Avantis U.S. Small Cap Equity ETF in the 3rd quarter valued at $385,000.

Avantis U.S. Small Cap Equity ETF Company Profile

The Avantis U.S. Small Cap Equity ETF (AVSC) is an exchange-traded fund that is based on the Russell 2000 index. The fund is an actively-managed portfolio of US small-cap value companies selected based on fundamental criteria. AVSC was launched on Jan 11, 2022 and is managed by American Century Investments.