Avantis Moderate Allocation ETF (NYSEARCA:AVMA) Short Interest Update

Avantis Moderate Allocation ETF (NYSEARCA:AVMA) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 1,657 shares, a drop of 19.5% from the March 15th total of 2,058 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 2,968 shares, the days-to-cover ratio is presently 0.6 days.

Avantis Moderate Allocation ETF Stock Performance

Shares of AVMA stock traded up $0.18 during trading on Thursday, hitting $70.51. 219 shares of the company were exchanged, compared to its average volume of 3,981. The firm has a market capitalization of $63.46 million, a price-to-earnings ratio of 16.65 and a beta of 0.69. The business’s 50-day simple moving average is $68.75 and its 200 day simple moving average is $67.21. Avantis Moderate Allocation ETF has a twelve month low of $55.14 and a twelve month high of $70.72.

Institutional Trading of Avantis Moderate Allocation ETF

Several institutional investors have recently made changes to their positions in AVMA. Keystone Financial Group Inc. acquired a new stake in shares of Avantis Moderate Allocation ETF during the third quarter worth approximately $164,000. Versant Capital Management Inc boosted its holdings in shares of Avantis Moderate Allocation ETF by 51.0% during the third quarter. Versant Capital Management Inc now owns 10,664 shares of the company’s stock worth $694,000 after purchasing an additional 3,604 shares during the period. Great Point Wealth Advisors LLC acquired a new stake in shares of Avantis Moderate Allocation ETF during the third quarter worth approximately $5,912,000. PFG Private Wealth Management LLC acquired a new stake in shares of Avantis Moderate Allocation ETF during the third quarter worth approximately $531,000. Finally, Vawter Financial Ltd. boosted its holdings in shares of Avantis Moderate Allocation ETF by 54.7% during the third quarter. Vawter Financial Ltd. now owns 15,047 shares of the company’s stock worth $979,000 after purchasing an additional 5,322 shares during the period.

Avantis Moderate Allocation ETF Company Profile

The Avantis Moderate Allocation ETF (AVMA) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an actively managed, asset allocation fund-of-funds that invests with moderate risk in a broad basket of equity and fixed income ETFs. AVMA was launched on Jun 27, 2023 and is managed by American Century Investments.