Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Short Interest Update

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) was the recipient of a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 48,200 shares, a decrease of 41.3% from the May 15th total of 82,100 shares. Based on an average daily volume of 823,800 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Avantis U.S. Large Cap Value ETF Trading Up 1.0%

Avantis U.S. Large Cap Value ETF stock traded up $0.66 during midday trading on Monday, hitting $67.24. 196,658 shares of the stock were exchanged, compared to its average volume of 460,384. The stock’s 50-day simple moving average is $63.94 and its 200 day simple moving average is $66.34. Avantis U.S. Large Cap Value ETF has a fifty-two week low of $55.67 and a fifty-two week high of $71.39. The stock has a market capitalization of $7.37 billion, a price-to-earnings ratio of 15.72 and a beta of 1.01.

Institutional Trading of Avantis U.S. Large Cap Value ETF

Hedge funds have recently made changes to their positions in the company. NBC Securities Inc. purchased a new stake in shares of Avantis U.S. Large Cap Value ETF in the 1st quarter valued at approximately $25,000. Roxbury Financial LLC purchased a new stake in Avantis U.S. Large Cap Value ETF in the fourth quarter valued at approximately $41,000. Creative Capital Management Investments LLC lifted its stake in Avantis U.S. Large Cap Value ETF by 58.1% during the first quarter. Creative Capital Management Investments LLC now owns 743 shares of the company’s stock worth $48,000 after purchasing an additional 273 shares in the last quarter. Sunbelt Securities Inc. purchased a new position in shares of Avantis U.S. Large Cap Value ETF during the fourth quarter worth $96,000. Finally, Titleist Asset Management LLC purchased a new stake in shares of Avantis U.S. Large Cap Value ETF in the 4th quarter valued at $236,000.

About Avantis U.S. Large Cap Value ETF

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.