Short Interest in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Rises By 43.3%

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) saw a large growth in short interest in December. As of December 15th, there was short interest totaling 479,223 shares, a growth of 43.3% from the November 30th total of 334,325 shares. Based on an average daily volume of 747,058 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the shares of the company are short sold. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 747,058 shares, the days-to-cover ratio is presently 0.6 days.

Avantis U.S. Small Cap Value ETF Price Performance

NYSEARCA AVUV traded down $0.50 on Monday, hitting $103.19. 935,494 shares of the company’s stock were exchanged, compared to its average volume of 974,667. The firm’s 50-day moving average price is $100.32 and its two-hundred day moving average price is $97.58. The firm has a market cap of $19.71 billion, a price-to-earnings ratio of 11.26 and a beta of 1.09. Avantis U.S. Small Cap Value ETF has a fifty-two week low of $74.00 and a fifty-two week high of $106.73.

Institutional Investors Weigh In On Avantis U.S. Small Cap Value ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Ameriprise Financial Inc. grew its stake in shares of Avantis U.S. Small Cap Value ETF by 6.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,920,854 shares of the company’s stock worth $191,190,000 after purchasing an additional 109,161 shares during the period. Evensky & Katz LLC boosted its holdings in Avantis U.S. Small Cap Value ETF by 20.8% during the second quarter. Evensky & Katz LLC now owns 1,221,718 shares of the company’s stock worth $111,298,000 after buying an additional 210,566 shares in the last quarter. JPMorgan Chase & Co. grew its position in Avantis U.S. Small Cap Value ETF by 22.9% during the third quarter. JPMorgan Chase & Co. now owns 455,750 shares of the company’s stock worth $45,361,000 after buying an additional 85,028 shares during the period. Orrstown Financial Services Inc. grew its position in Avantis U.S. Small Cap Value ETF by 3.9% during the second quarter. Orrstown Financial Services Inc. now owns 360,075 shares of the company’s stock worth $32,803,000 after buying an additional 13,617 shares during the period. Finally, Farther Finance Advisors LLC increased its holdings in Avantis U.S. Small Cap Value ETF by 216.8% in the third quarter. Farther Finance Advisors LLC now owns 333,576 shares of the company’s stock valued at $33,201,000 after buying an additional 228,273 shares in the last quarter.

Avantis U.S. Small Cap Value ETF Company Profile

The Avantis U.S. Small Cap Value ETF (AVUV) is an exchange-traded fund that is based on the Russell 2000 Value index. The fund is an actively-managed portfolio of US small-cap value companies selected based on fundamental criteria. AVUV was launched on Sep 24, 2019 and is managed by American Century Investments.