Avantis Moderate Allocation ETF (NYSEARCA:AVMA) Short Interest Up 265.4% in February

Avantis Moderate Allocation ETF (NYSEARCA:AVMA) saw a significant increase in short interest in February. As of February 13th, there was short interest totaling 3,672 shares, an increase of 265.4% from the January 29th total of 1,005 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 6,949 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 6,949 shares, the short-interest ratio is presently 0.5 days. Currently, 0.5% of the company’s stock are short sold.

Avantis Moderate Allocation ETF Stock Performance

NYSEARCA AVMA traded down $0.15 during trading on Thursday, hitting $70.27. The stock had a trading volume of 4,482 shares, compared to its average volume of 4,178. The company’s 50-day moving average price is $68.34 and its two-hundred day moving average price is $66.21. Avantis Moderate Allocation ETF has a 12 month low of $52.83 and a 12 month high of $70.72. The company has a market capitalization of $56.21 million, a PE ratio of 16.65 and a beta of 0.71.

Institutional Investors Weigh In On Avantis Moderate Allocation ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Farther Finance Advisors LLC acquired a new stake in shares of Avantis Moderate Allocation ETF in the fourth quarter valued at about $40,000. Advisory Services Network LLC purchased a new position in Avantis Moderate Allocation ETF in the 3rd quarter worth approximately $139,000. Keystone Financial Group Inc. purchased a new position in Avantis Moderate Allocation ETF in the 3rd quarter worth approximately $164,000. Arlington Financial Advisors LLC acquired a new position in shares of Avantis Moderate Allocation ETF during the 4th quarter worth approximately $223,000. Finally, Susquehanna International Group LLP acquired a new position in shares of Avantis Moderate Allocation ETF during the 3rd quarter worth approximately $414,000.

About Avantis Moderate Allocation ETF

The Avantis Moderate Allocation ETF (AVMA) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an actively managed, asset allocation fund-of-funds that invests with moderate risk in a broad basket of equity and fixed income ETFs. AVMA was launched on Jun 27, 2023 and is managed by American Century Investments.