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

Avantis Responsible International Equity ETF (NYSEARCA:AVSD) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totaling 50,854 shares, a growth of 172.6% from the September 30th total of 18,654 shares. Currently, 1.1% of the company’s stock are sold short. Based on an average daily volume of 18,056 shares, the short-interest ratio is currently 2.8 days.

Avantis Responsible International Equity ETF Price Performance

Shares of Avantis Responsible International Equity ETF stock traded down $1.30 during trading hours on Friday, hitting $78.19. 7,313 shares of the company’s stock traded hands, compared to its average volume of 27,920. The stock has a market capitalization of $375.32 million, a price-to-earnings ratio of 15.41 and a beta of 0.84. Avantis Responsible International Equity ETF has a 12-month low of $69.31 and a 12-month high of $83.90. The company has a fifty day simple moving average of $80.58 and a 200-day simple moving average of $79.21.

Institutional Investors Weigh In On Avantis Responsible International Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of AVSD. Milestone Investment Advisors LLC purchased a new position in Avantis Responsible International Equity ETF during the first quarter worth $38,000. WealthCollab LLC grew its stake in Avantis Responsible International Equity ETF by 47.9% in the 1st quarter. WealthCollab LLC now owns 2,159 shares of the company’s stock worth $159,000 after acquiring an additional 699 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of Avantis Responsible International Equity ETF by 346.0% in the 1st quarter. Kestra Advisory Services LLC now owns 4,456 shares of the company’s stock worth $328,000 after buying an additional 3,457 shares during the period. Evanson Financial LLC bought a new stake in shares of Avantis Responsible International Equity ETF in the second quarter valued at about $330,000. Finally, Red Lighthouse Investment Management LLC lifted its position in shares of Avantis Responsible International Equity ETF by 5.5% in the 2nd quarter. Red Lighthouse Investment Management LLC now owns 4,650 shares of the company’s stock worth $371,000 after purchasing an additional 241 shares during the period.

Avantis Responsible International Equity ETF Company Profile

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.