Avantis Moderate Allocation ETF (NYSEARCA:AVMA) Short Interest Down 74.7% in January

Avantis Moderate Allocation ETF (NYSEARCA:AVMA) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 1,005 shares, a decline of 74.7% from the January 15th total of 3,967 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 3,779 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 3,779 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are short sold.

Avantis Moderate Allocation ETF Stock Down 0.9%

NYSEARCA:AVMA traded down $0.62 during trading hours on Thursday, reaching $69.67. 13,520 shares of the company’s stock were exchanged, compared to its average volume of 4,228. Avantis Moderate Allocation ETF has a 1-year low of $52.83 and a 1-year high of $70.72. The firm has a market capitalization of $55.74 million, a price-to-earnings ratio of 16.65 and a beta of 0.71. The company has a 50-day moving average of $67.71 and a 200 day moving average of $65.69.

Hedge Funds Weigh In On Avantis Moderate Allocation ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Farther Finance Advisors LLC acquired a new position in Avantis Moderate Allocation ETF in the 4th quarter valued at about $40,000. Advisory Services Network LLC purchased a new position in shares of Avantis Moderate Allocation ETF in the 3rd quarter valued at approximately $139,000. Keystone Financial Group Inc. acquired a new position in shares of Avantis Moderate Allocation ETF in the third quarter valued at approximately $164,000. Arlington Financial Advisors LLC purchased a new stake in shares of Avantis Moderate Allocation ETF during the second quarter worth approximately $204,000. Finally, Susquehanna International Group LLP acquired a new stake in shares of Avantis Moderate Allocation ETF during the third quarter worth $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.