Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Short Interest Down 28.4% in January

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) was the recipient of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 77,443 shares, a decline of 28.4% from the January 15th total of 108,218 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 96,798 shares, the days-to-cover ratio is currently 0.8 days. Based on an average trading volume of 96,798 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in AVSC. KMG Fiduciary Partners LLC grew its stake in shares of Avantis U.S. Small Cap Equity ETF by 0.4% during the 3rd quarter. KMG Fiduciary Partners LLC now owns 51,824 shares of the company’s stock worth $2,967,000 after acquiring an additional 216 shares during the period. Centennial Wealth Advisory LLC raised its stake in Avantis U.S. Small Cap Equity ETF by 0.9% in the 4th quarter. Centennial Wealth Advisory LLC now owns 25,044 shares of the company’s stock valued at $1,471,000 after acquiring an additional 218 shares during the period. Global Retirement Partners LLC lifted its holdings in Avantis U.S. Small Cap Equity ETF by 82.4% during the third quarter. Global Retirement Partners LLC now owns 549 shares of the company’s stock valued at $31,000 after purchasing an additional 248 shares during the last quarter. Evanson Asset Management LLC boosted its position in Avantis U.S. Small Cap Equity ETF by 1.4% during the fourth quarter. Evanson Asset Management LLC now owns 17,653 shares of the company’s stock worth $1,037,000 after purchasing an additional 252 shares during the period. Finally, Clune & Associates LTD. boosted its position in Avantis U.S. Small Cap Equity ETF by 1.8% during the fourth quarter. Clune & Associates LTD. now owns 15,391 shares of the company’s stock worth $904,000 after purchasing an additional 269 shares during the period.

Avantis U.S. Small Cap Equity ETF Stock Up 1.2%

Shares of AVSC stock opened at $64.82 on Friday. The firm has a market cap of $2.37 billion, a P/E ratio of 14.03 and a beta of 1.10. The company has a 50 day moving average of $61.73 and a 200-day moving average of $58.36. Avantis U.S. Small Cap Equity ETF has a 12-month low of $41.58 and a 12-month high of $65.93.

About Avantis U.S. Small Cap Equity ETF

The Avantis U.S. Small Cap Equity ETF (AVSC) is an exchange-traded fund that is based on the Russell 2000 index. The fund is an actively-managed portfolio of US small-cap value companies selected based on fundamental criteria. AVSC was launched on Jan 11, 2022 and is managed by American Century Investments.