Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Stock Short Interest Jumps 92.9%

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 341,568 shares, an increase of 92.9% from the September 15th total of 177,033 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 1,216,054 shares, the days-to-cover ratio is currently 0.3 days.

Avantis U.S. Large Cap Value ETF Price Performance

Shares of Avantis U.S. Large Cap Value ETF stock traded down $0.39 on Wednesday, reaching $92.64. The company had a trading volume of 1,201,543 shares, compared to its average volume of 1,280,797. The firm has a market cap of $21.93 billion, a price-to-earnings ratio of 15.70 and a beta of 0.94. The firm’s 50-day moving average price is $93.22 and its two-hundred day moving average price is $90.20. Avantis U.S. Large Cap Value ETF has a 1 year low of $70.59 and a 1 year high of $95.32.

Institutional Trading of Avantis U.S. Large Cap Value ETF

A number of institutional investors have recently bought and sold shares of AVLV. NBT Bank N A NY bought a new position in Avantis U.S. Large Cap Value ETF during the 1st quarter valued at about $35,000. GoalVest Advisory LLC purchased a new stake in Avantis U.S. Large Cap Value ETF in the 3rd quarter worth about $59,000. Longview Financial Advisors Inc. purchased a new stake in Avantis U.S. Large Cap Value ETF in the 1st quarter worth about $87,000. Arlington Trust Co LLC bought a new stake in Avantis U.S. Large Cap Value ETF in the second quarter worth about $125,000. Finally, Hurley Capital LLC lifted its stake in Avantis U.S. Large Cap Value ETF by 28.3% in the fourth quarter. Hurley Capital LLC now owns 2,859 shares of the company’s stock worth $217,000 after purchasing an additional 631 shares during the last quarter.

Avantis U.S. Large Cap Value ETF Company Profile

The Avantis U.S. Large Cap Value ETF (AVLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap value companies selected based on fundamental criteria. AVLV was launched on Sep 21, 2021 and is managed by American Century Investments.