Short Interest in Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Declines By 49.3%

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSCGet Free Report) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 106,845 shares, a decline of 49.3% from the May 31st total of 210,701 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 125,291 shares, the days-to-cover ratio is presently 0.9 days.

Avantis U.S. Small Cap Equity ETF Trading Down 0.8%

Avantis U.S. Small Cap Equity ETF stock traded down $0.57 during midday trading on Thursday, reaching $72.63. 123,079 shares of the stock traded hands, compared to its average volume of 134,707. The firm has a market cap of $3.11 billion, a PE ratio of 14.03 and a beta of 1.02. The company has a 50-day simple moving average of $69.15 and a two-hundred day simple moving average of $64.98. Avantis U.S. Small Cap Equity ETF has a 12-month low of $50.78 and a 12-month high of $73.99.

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

A number of hedge funds have recently added to or reduced their stakes in the business. Rothschild Investment LLC grew its stake in shares of Avantis U.S. Small Cap Equity ETF by 576.9% in the fourth quarter. Rothschild Investment LLC now owns 440 shares of the company’s stock worth $26,000 after acquiring an additional 375 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in Avantis U.S. Small Cap Equity ETF by 100.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 672 shares of the company’s stock worth $42,000 after purchasing an additional 336 shares during the period. Evolution Wealth Management Inc. increased its holdings in Avantis U.S. Small Cap Equity ETF by 122.5% during the 4th quarter. Evolution Wealth Management Inc. now owns 839 shares of the company’s stock worth $49,000 after purchasing an additional 462 shares during the period. Brown Brothers Harriman & Co. acquired a new stake in Avantis U.S. Small Cap Equity ETF in the 4th quarter valued at about $50,000. Finally, MCF Advisors LLC purchased a new position in shares of Avantis U.S. Small Cap Equity ETF in the 4th quarter valued at about $74,000.

Avantis U.S. Small Cap Equity ETF Company Profile

(Get Free Report)

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.

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