Short Interest in Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Decreases By 70.9%

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 284,685 shares, a decrease of 70.9% from the April 30th total of 979,955 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 699,305 shares, the days-to-cover ratio is presently 0.4 days.

Avantis International Small Cap Value ETF Stock Performance

NYSEARCA AVDV traded up $0.62 during trading hours on Friday, hitting $110.22. The company had a trading volume of 515,079 shares, compared to its average volume of 800,879. Avantis International Small Cap Value ETF has a 52 week low of $76.82 and a 52 week high of $110.99. The firm has a 50 day simple moving average of $104.95 and a 200 day simple moving average of $100.62. The firm has a market capitalization of $19.60 billion, a price-to-earnings ratio of 10.39 and a beta of 0.76.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Greenline Partners LLC boosted its stake in Avantis International Small Cap Value ETF by 7.2% in the 3rd quarter. Greenline Partners LLC now owns 370,839 shares of the company’s stock worth $33,016,000 after purchasing an additional 25,004 shares during the period. Opus Capital Group LLC boosted its stake in Avantis International Small Cap Value ETF by 0.5% in the 4th quarter. Opus Capital Group LLC now owns 341,559 shares of the company’s stock worth $32,096,000 after purchasing an additional 1,552 shares during the period. Emprise Bank boosted its stake in Avantis International Small Cap Value ETF by 2.7% in the 4th quarter. Emprise Bank now owns 266,985 shares of the company’s stock worth $25,089,000 after purchasing an additional 7,091 shares during the period. Morton Brown Family Wealth LLC boosted its stake in Avantis International Small Cap Value ETF by 2.5% in the 1st quarter. Morton Brown Family Wealth LLC now owns 241,467 shares of the company’s stock worth $24,113,000 after purchasing an additional 5,928 shares during the period. Finally, Confluence Investment Management LLC boosted its stake in Avantis International Small Cap Value ETF by 26.6% in the 4th quarter. Confluence Investment Management LLC now owns 124,409 shares of the company’s stock worth $11,691,000 after purchasing an additional 26,156 shares during the period.

Avantis International Small Cap Value ETF Company Profile

The Avantis International Small Cap Value ETF (AVDV) is an exchange-traded fund that is based on the MSCI World EX-U.S. Small Cap index. The fund is an actively-managed portfolio of non-US small-cap value companies in developed markets. AVDV was launched on Sep 24, 2019 and is managed by American Century Investments.