Avantis U.S. Equity ETF (NYSEARCA:AVUS) Short Interest Down 40.9% in May

Avantis U.S. Equity ETF (NYSEARCA:AVUS) saw a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 328,400 shares, a decline of 40.9% from the May 15th total of 555,700 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 454,500 shares, the short-interest ratio is currently 0.7 days.

Hedge Funds Weigh In On Avantis U.S. Equity ETF

Large investors have recently bought and sold shares of the business. American Century Companies Inc. lifted its position in Avantis U.S. Equity ETF by 7.2% in the first quarter. American Century Companies Inc. now owns 3,463,839 shares of the company’s stock worth $319,989,000 after purchasing an additional 234,099 shares during the period. Oak Root LLC boosted its position in Avantis U.S. Equity ETF by 0.4% during the 1st quarter. Oak Root LLC now owns 3,049,727 shares of the company’s stock worth $281,734,000 after acquiring an additional 13,125 shares during the period. LPL Financial LLC increased its stake in Avantis U.S. Equity ETF by 51.1% in the 1st quarter. LPL Financial LLC now owns 2,149,684 shares of the company’s stock valued at $198,588,000 after buying an additional 727,153 shares during the period. Envestnet Asset Management Inc. boosted its position in Avantis U.S. Equity ETF by 1.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 1,727,996 shares of the company’s stock valued at $167,495,000 after purchasing an additional 25,687 shares during the last quarter. Finally, Adero Partners LLC increased its holdings in Avantis U.S. Equity ETF by 5.9% in the first quarter. Adero Partners LLC now owns 1,659,169 shares of the company’s stock worth $153,274,000 after buying an additional 91,967 shares during the last quarter.

Avantis U.S. Equity ETF Trading Up 1.0%

Shares of Avantis U.S. Equity ETF stock traded up $1.02 during mid-day trading on Monday, hitting $98.47. 206,044 shares of the stock were exchanged, compared to its average volume of 327,681. Avantis U.S. Equity ETF has a twelve month low of $79.20 and a twelve month high of $102.23. The company has a 50-day simple moving average of $92.93 and a 200 day simple moving average of $95.83. The stock has a market capitalization of $8.45 billion, a price-to-earnings ratio of 20.32 and a beta of 1.02.

Avantis U.S. Equity ETF Company Profile

The Avantis U.S. Equity ETF (AVUS) is an exchange-traded fund that is based on the Russell 3000 index. The fund is an actively managed portfolio of US equities of all market capitalizations, with a bias toward smaller, more profitable or value companies. AVUS was launched on Sep 24, 2019 and is managed by American Century Investments.