Avantis All Equity Markets ETF (NYSEARCA:AVGE) Stock Short Interest Falls 50.8%

Avantis All Equity Markets ETF (NYSEARCA:AVGE) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 88,298 shares, a decline of 50.8% from the August 31st total of 179,298 shares. Based on an average trading volume of 90,288 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.7% of the shares of the company are short sold.

Avantis All Equity Markets ETF Trading Down 0.3%

Shares of Avantis All Equity Markets ETF stock traded down $0.27 on Wednesday, hitting $98.60. The company had a trading volume of 44,778 shares, compared to its average volume of 64,398. Avantis All Equity Markets ETF has a 52 week low of $81.20 and a 52 week high of $102.81. The business has a 50-day simple moving average of $100.47 and a 200-day simple moving average of $97.13.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its position in shares of Avantis All Equity Markets ETF by 22.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,640 shares of the company’s stock valued at $757,000 after purchasing an additional 1,418 shares in the last quarter. GFG Capital LLC acquired a new stake in Avantis All Equity Markets ETF during the second quarter valued at approximately $16,213,000. XY Planning Network Inc. acquired a new stake in Avantis All Equity Markets ETF during the second quarter valued at approximately $227,000. Corient Private Wealth LP boosted its holdings in Avantis All Equity Markets ETF by 6.7% during the second quarter. Corient Private Wealth LP now owns 40,717 shares of the company’s stock worth $4,035,000 after buying an additional 2,554 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new position in Avantis All Equity Markets ETF in the second quarter worth approximately $337,000.

About Avantis All Equity Markets ETF

The Avantis All Equity Markets ETF (AVGE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that seeks long-term capital appreciation through investments in equity portfolios holding a wide variety of securities with higher expected returns. AVGE was launched on Sep 27, 2022 and is managed by American Century Investments.