Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Short Interest Down 45.1% in July

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) was the recipient of a significant drop in short interest in July. As of July 31st, there was short interest totaling 281,795 shares, a drop of 45.1% from the July 15th total of 513,390 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,131,988 shares, the short-interest ratio is currently 0.2 days.

Avantis U.S. Large Cap Value ETF Price Performance

AVLV traded down $0.42 on Monday, reaching $94.59. 1,463,370 shares of the company’s stock were exchanged, compared to its average volume of 1,081,090. Avantis U.S. Large Cap Value ETF has a twelve month low of $70.10 and a twelve month high of $95.32. The stock has a market cap of $18.25 billion, a PE ratio of 15.70 and a beta of 0.94. The stock’s fifty day moving average price is $91.86 and its 200-day moving average price is $86.98.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in AVLV. NBT Bank N A NY acquired a new stake in shares of Avantis U.S. Large Cap Value ETF in the first quarter valued at approximately $35,000. Longview Financial Advisors Inc. purchased a new position in Avantis U.S. Large Cap Value ETF during the first quarter worth approximately $87,000. Arlington Trust Co LLC acquired a new position in Avantis U.S. Large Cap Value ETF during the second quarter worth $125,000. Hurley Capital LLC boosted its stake in Avantis U.S. Large Cap Value ETF by 28.3% during the fourth quarter. Hurley Capital LLC now owns 2,859 shares of the company’s stock worth $217,000 after buying an additional 631 shares during the last quarter. Finally, Root Financial Partners LLC grew its holdings in Avantis U.S. Large Cap Value ETF by 201.1% in the 1st quarter. Root Financial Partners LLC now owns 4,228 shares of the company’s stock valued at $341,000 after buying an additional 2,824 shares in the last quarter.

Avantis U.S. Large Cap Value ETF Company Profile

The Avantis U.S. Large Cap Value ETF (AVLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap value companies selected based on fundamental criteria. AVLV was launched on Sep 21, 2021 and is managed by American Century Investments.