Short Interest in Avantis Moderate Allocation ETF (NYSEARCA:AVMA) Grows By 428.1%

Avantis Moderate Allocation ETF (NYSEARCA:AVMA) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 2,329 shares, an increase of 428.1% from the November 30th total of 441 shares. Based on an average daily trading volume, of 3,587 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.3% of the company’s shares are short sold. Currently, 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 3,587 shares, the days-to-cover ratio is currently 0.6 days.

Avantis Moderate Allocation ETF Price Performance

NYSEARCA AVMA opened at $66.80 on Thursday. Avantis Moderate Allocation ETF has a 1 year low of $52.83 and a 1 year high of $67.61. The stock has a market capitalization of $46.76 million, a PE ratio of 16.65 and a beta of 0.71. The business’s 50-day moving average is $65.86 and its 200 day moving average is $64.06.

Institutional Trading of Avantis Moderate Allocation ETF

Several large investors have recently bought and sold shares of AVMA. Advisory Services Network LLC purchased a new position in Avantis Moderate Allocation ETF during the third quarter valued at $139,000. Keystone Financial Group Inc. bought a new position in shares of Avantis Moderate Allocation ETF in the 3rd quarter worth about $164,000. Arlington Financial Advisors LLC bought a new position in shares of Avantis Moderate Allocation ETF in the 2nd quarter worth about $204,000. Susquehanna International Group LLP purchased a new position in Avantis Moderate Allocation ETF during the 3rd quarter valued at about $414,000. Finally, Diversify Wealth Management LLC boosted its stake in Avantis Moderate Allocation ETF by 3.5% during the third quarter. Diversify Wealth Management LLC now owns 6,711 shares of the company’s stock worth $440,000 after acquiring an additional 227 shares in the last quarter.

Avantis Moderate Allocation ETF Company Profile

The Avantis Moderate Allocation ETF (AVMA) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an actively managed, asset allocation fund-of-funds that invests with moderate risk in a broad basket of equity and fixed income ETFs. AVMA was launched on Jun 27, 2023 and is managed by American Century Investments.