Short Interest in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Declines By 38.4%

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUVGet Free Report) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 602,038 shares, a decrease of 38.4% from the April 30th total of 976,805 shares. Based on an average daily volume of 1,212,030 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the company’s stock are sold short.

Avantis U.S. Small Cap Value ETF Stock Performance

Shares of AVUV opened at $121.17 on Wednesday. The company has a 50 day moving average price of $116.28 and a 200-day moving average price of $110.10. Avantis U.S. Small Cap Value ETF has a fifty-two week low of $87.52 and a fifty-two week high of $122.07. The stock has a market capitalization of $26.58 billion, a PE ratio of 11.26 and a beta of 1.01.

Institutional Investors Weigh In On Avantis U.S. Small Cap Value ETF

Several hedge funds have recently modified their holdings of the business. Ameriprise Financial Inc. lifted its position in shares of Avantis U.S. Small Cap Value ETF by 6.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,920,854 shares of the company’s stock worth $191,190,000 after purchasing an additional 109,161 shares during the period. Evensky & Katz LLC lifted its position in Avantis U.S. Small Cap Value ETF by 1.1% during the fourth quarter. Evensky & Katz LLC now owns 1,224,966 shares of the company’s stock valued at $124,922,000 after acquiring an additional 13,251 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Avantis U.S. Small Cap Value ETF by 86.2% during the fourth quarter. JPMorgan Chase & Co. now owns 848,616 shares of the company’s stock valued at $86,542,000 after acquiring an additional 392,866 shares during the last quarter. Farther Finance Advisors LLC lifted its position in Avantis U.S. Small Cap Value ETF by 33.4% during the fourth quarter. Farther Finance Advisors LLC now owns 444,918 shares of the company’s stock valued at $45,373,000 after acquiring an additional 111,342 shares during the last quarter. Finally, Orrstown Financial Services Inc. lifted its position in Avantis U.S. Small Cap Value ETF by 0.7% during the fourth quarter. Orrstown Financial Services Inc. now owns 340,686 shares of the company’s stock valued at $34,743,000 after acquiring an additional 2,349 shares during the last quarter.

About Avantis U.S. Small Cap Value ETF

(Get Free Report)

The Avantis U.S. Small Cap Value ETF (AVUV) is an exchange-traded fund that is based on the Russell 2000 Value index. The fund is an actively-managed portfolio of US small-cap value companies selected based on fundamental criteria. AVUV was launched on Sep 24, 2019 and is managed by American Century Investments.

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