Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Short Interest Update

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 98,552 shares, an increase of 49.3% from the December 15th total of 65,995 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 102,123 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 102,123 shares, the short-interest ratio is currently 1.0 days. Currently, 0.3% of the company’s shares are short sold.

Avantis U.S. Small Cap Equity ETF Trading Down 0.6%

Shares of NYSEARCA AVSC traded down $0.36 during trading hours on Friday, reaching $62.94. The stock had a trading volume of 127,906 shares, compared to its average volume of 162,110. Avantis U.S. Small Cap Equity ETF has a 52-week low of $41.58 and a 52-week high of $63.50. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of 14.03 and a beta of 1.10. The business’s fifty day moving average price is $59.12 and its two-hundred day moving average price is $56.97.

Hedge Funds Weigh In On Avantis U.S. Small Cap Equity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in AVSC. Envestnet Asset Management Inc. increased its holdings in Avantis U.S. Small Cap Equity ETF by 9.7% during the second quarter. Envestnet Asset Management Inc. now owns 12,591,513 shares of the company’s stock valued at $649,344,000 after buying an additional 1,116,642 shares during the period. Cambridge Associates LLC MA ADV raised its position in shares of Avantis U.S. Small Cap Equity ETF by 1,420.1% in the 3rd quarter. Cambridge Associates LLC MA ADV now owns 837,617 shares of the company’s stock worth $47,954,000 after acquiring an additional 782,514 shares in the last quarter. Savant Capital LLC purchased a new stake in shares of Avantis U.S. Small Cap Equity ETF during the third quarter valued at about $26,560,000. Creative Planning lifted its position in shares of Avantis U.S. Small Cap Equity ETF by 271.3% during the second quarter. Creative Planning now owns 617,070 shares of the company’s stock valued at $31,822,000 after buying an additional 450,876 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in shares of Avantis U.S. Small Cap Equity ETF by 2.5% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 14,080,549 shares of the company’s stock valued at $806,685,000 after buying an additional 341,562 shares in the last quarter.

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.