Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) Sees Large Growth in Short Interest

Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 42,824 shares, a growth of 122.3% from the March 15th total of 19,264 shares. Based on an average daily volume of 38,488 shares, the short-interest ratio is currently 1.1 days. Currently, 1.2% of the shares of the company are sold short.

Institutional Investors Weigh In On Avantis International Small Cap Equity ETF

A number of institutional investors have recently made changes to their positions in the company. Kestra Advisory Services LLC acquired a new position in Avantis International Small Cap Equity ETF during the fourth quarter valued at approximately $98,000. Dogwood Wealth Management LLC acquired a new position in shares of Avantis International Small Cap Equity ETF during the third quarter worth $109,000. Tillman Hartley LLC acquired a new position in shares of Avantis International Small Cap Equity ETF during the third quarter worth $202,000. True North Advisors LLC acquired a new position in shares of Avantis International Small Cap Equity ETF during the fourth quarter worth $211,000. Finally, Westwood Wealth Management acquired a new position in shares of Avantis International Small Cap Equity ETF during the fourth quarter worth $243,000.

Avantis International Small Cap Equity ETF Stock Performance

Avantis International Small Cap Equity ETF stock traded up $0.39 during midday trading on Monday, reaching $76.56. 12,760 shares of the company’s stock were exchanged, compared to its average volume of 36,771. Avantis International Small Cap Equity ETF has a 52 week low of $53.04 and a 52 week high of $79.67. The firm has a market cap of $275.62 million, a price-to-earnings ratio of 13.68 and a beta of 0.73. The stock’s 50-day simple moving average is $74.89 and its 200 day simple moving average is $71.16.

Avantis International Small Cap Equity ETF Company Profile

The Avantis International Small Cap Equity ETF (AVDS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap stocks outside the US. AVDS was launched on Jul 18, 2023 and is issued by American Century Investments.