Short Interest in Avantis International Equity ETF (NYSEARCA:AVDE) Drops By 59.4%

Avantis International Equity ETF (NYSEARCA:AVDEGet Free Report) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 367,341 shares, a decrease of 59.4% from the July 30th total of 904,393 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 920,491 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised its position in shares of Avantis International Equity ETF by 19.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 186,126 shares of the company’s stock valued at $15,322,000 after acquiring an additional 30,539 shares during the last quarter. Elyxium Wealth LLC bought a new stake in shares of Avantis International Equity ETF in the fourth quarter valued at about $7,587,000. UBS Group AG boosted its position in Avantis International Equity ETF by 8.6% during the 4th quarter. UBS Group AG now owns 1,061,289 shares of the company’s stock worth $87,365,000 after acquiring an additional 83,675 shares during the last quarter. Greenwich Wealth Management LLC grew its position in Avantis International Equity ETF by 25.9% in the fourth quarter. Greenwich Wealth Management LLC now owns 59,999 shares of the company’s stock valued at $4,939,000 after purchasing an additional 12,333 shares in the last quarter. Finally, Clarion Wealth Managment Partners LLC grew its holdings in shares of Avantis International Equity ETF by 89.4% in the 4th quarter. Clarion Wealth Managment Partners LLC now owns 84,220 shares of the company’s stock valued at $6,933,000 after acquiring an additional 39,760 shares in the last quarter.

Avantis International Equity ETF Trading Down 0.5%

NYSEARCA AVDE traded down $0.47 during trading on Friday, reaching $93.82. The company’s stock had a trading volume of 909,098 shares, compared to its average volume of 1,141,087. The business has a 50-day moving average price of $91.30 and a 200-day moving average price of $89.72. Avantis International Equity ETF has a 1-year low of $75.68 and a 1-year high of $94.82. The stock has a market capitalization of $18.69 billion, a PE ratio of 14.71 and a beta of 0.78.

Avantis International Equity ETF Company Profile

(Get Free Report)

The Avantis International Equity ETF (AVDE) is an exchange-traded fund that is based on the MSCI WORLD EX USA IMI INDEX index. The fund is an actively managed portfolio of non-US companies from developed markets, of all market capitalizations, focusing on smaller, value companies. AVDE was launched on Sep 24, 2019 and is managed by American Century Investments.

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