Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) Sees Significant Drop in Short Interest

Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 24,150 shares, a decline of 16.5% from the December 31st total of 28,933 shares. Currently, 0.9% of the company’s shares are short sold. Based on an average daily trading volume, of 36,858 shares, the short-interest ratio is presently 0.7 days. Based on an average daily trading volume, of 36,858 shares, the short-interest ratio is presently 0.7 days. Currently, 0.9% of the company’s shares are short sold.

Avantis International Small Cap Equity ETF Stock Up 0.5%

NYSEARCA:AVDS traded up $0.40 on Tuesday, reaching $74.75. The company’s stock had a trading volume of 11,614 shares, compared to its average volume of 49,394. The stock has a 50 day moving average price of $71.01 and a 200 day moving average price of $67.80. The firm has a market cap of $231.73 million, a price-to-earnings ratio of 13.68 and a beta of 0.68. Avantis International Small Cap Equity ETF has a 12-month low of $48.00 and a 12-month high of $76.86.

Hedge Funds Weigh In On Avantis International Small Cap Equity ETF

Several hedge funds have recently bought and sold shares of AVDS. Dogwood Wealth Management LLC purchased a new position in Avantis International Small Cap Equity ETF in the third quarter valued at $109,000. Tillman Hartley LLC purchased a new stake in shares of Avantis International Small Cap Equity ETF in the third quarter valued at about $202,000. True North Advisors LLC acquired a new position in Avantis International Small Cap Equity ETF during the fourth quarter worth $211,000. Lionshead Wealth Management LLC purchased a new position in Avantis International Small Cap Equity ETF in the second quarter valued at about $233,000. Finally, Westwood Wealth Management acquired a new position in shares of Avantis International Small Cap Equity ETF during the 4th quarter worth $243,000.

Avantis International Small Cap Equity ETF Company Profile

The Avantis International Small Cap Equity ETF (AVDS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap stocks outside the US. AVDS was launched on Jul 18, 2023 and is issued by American Century Investments.