Avantis International Equity ETF (NYSEARCA:AVDE) Short Interest Update

Avantis International Equity ETF (NYSEARCA:AVDE) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 1,688,339 shares, an increase of 24.1% from the December 15th total of 1,360,654 shares. Approximately 1.2% of the company’s stock are sold short. Based on an average trading volume of 804,854 shares, the short-interest ratio is currently 2.1 days. Based on an average trading volume of 804,854 shares, the short-interest ratio is currently 2.1 days. Approximately 1.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Royal Bank of Canada boosted its position in Avantis International Equity ETF by 123.9% during the first quarter. Royal Bank of Canada now owns 80,754 shares of the company’s stock worth $5,352,000 after purchasing an additional 44,683 shares during the period. Integrated Wealth Concepts LLC raised its stake in shares of Avantis International Equity ETF by 49.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 6,692 shares of the company’s stock valued at $443,000 after buying an additional 2,206 shares in the last quarter. NorthCrest Asset Manangement LLC boosted its stake in Avantis International Equity ETF by 3.4% in the 2nd quarter. NorthCrest Asset Manangement LLC now owns 19,695 shares of the company’s stock valued at $1,462,000 after buying an additional 641 shares in the last quarter. Diversified Trust Co acquired a new stake in shares of Avantis International Equity ETF during the 2nd quarter worth about $560,000. Finally, Silver Oak Securities Incorporated boosted its holdings in shares of Avantis International Equity ETF by 11.7% in the 2nd quarter. Silver Oak Securities Incorporated now owns 15,802 shares of the company’s stock worth $1,169,000 after acquiring an additional 1,652 shares in the last quarter.

Avantis International Equity ETF Price Performance

NYSEARCA:AVDE opened at $85.55 on Monday. The stock has a market cap of $12.31 billion, a PE ratio of 14.71 and a beta of 0.84. Avantis International Equity ETF has a fifty-two week low of $58.56 and a fifty-two week high of $85.61. The stock’s 50-day moving average is $81.77 and its two-hundred day moving average is $78.77.

Avantis International Equity ETF Company Profile

The Avantis International Equity ETF (AVDE) is an exchange-traded fund that is based on the MSCI WORLD EX USA IMI INDEX index. The fund is an actively managed portfolio of non-US companies from developed markets, of all market capitalizations, focusing on smaller, value companies. AVDE was launched on Sep 24, 2019 and is managed by American Century Investments.