Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Shares Shorted: Short Interest Down 51.5% in October

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) saw a significant decrease in short interest in October. As of October 15th, there was short interest totaling 203,018 shares, a decrease of 51.5% from the September 30th total of 418,194 shares. Based on an average daily volume of 611,162 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Avantis International Small Cap Value ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Parallel Advisors LLC raised its position in Avantis International Small Cap Value ETF by 3.1% in the first quarter. Parallel Advisors LLC now owns 3,332 shares of the company’s stock worth $333,000 after acquiring an additional 99 shares in the last quarter. Frankly Finances LLC lifted its holdings in Avantis International Small Cap Value ETF by 0.7% in the 3rd quarter. Frankly Finances LLC now owns 25,748 shares of the company’s stock valued at $2,816,000 after acquiring an additional 190 shares during the last quarter. Lam Group Inc. boosted its position in shares of Avantis International Small Cap Value ETF by 0.9% during the 3rd quarter. Lam Group Inc. now owns 23,100 shares of the company’s stock valued at $2,527,000 after purchasing an additional 215 shares in the last quarter. Sound Income Strategies LLC boosted its position in shares of Avantis International Small Cap Value ETF by 111.7% during the 1st quarter. Sound Income Strategies LLC now owns 436 shares of the company’s stock valued at $44,000 after purchasing an additional 230 shares in the last quarter. Finally, Oakworth Capital Inc. bought a new position in shares of Avantis International Small Cap Value ETF during the 3rd quarter valued at about $26,000.

Avantis International Small Cap Value ETF Price Performance

Shares of AVDV traded down $1.72 during trading hours on Friday, reaching $105.11. 762,491 shares of the company’s stock traded hands, compared to its average volume of 788,902. The firm has a market capitalization of $19.66 billion, a price-to-earnings ratio of 10.39 and a beta of 0.78. Avantis International Small Cap Value ETF has a twelve month low of $87.44 and a twelve month high of $114.00. The business’s fifty day simple moving average is $109.73 and its two-hundred day simple moving average is $106.20.

About Avantis International Small Cap Value ETF

The Avantis International Small Cap Value ETF (AVDV) is an exchange-traded fund that is based on the MSCI World EX-U.S. Small Cap index. The fund is an actively-managed portfolio of non-US small-cap value companies in developed markets. AVDV was launched on Sep 24, 2019 and is managed by American Century Investments.