Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) Sees Significant Increase in Short Interest

Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) was the target of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 35,030 shares, an increase of 45.1% from the January 15th total of 24,150 shares. Currently, 1.1% of the shares of the stock are sold short. Based on an average trading volume of 66,135 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 66,135 shares, the days-to-cover ratio is currently 0.5 days. Currently, 1.1% of the shares of the stock are sold short.

Avantis International Small Cap Equity ETF Stock Up 0.3%

Shares of AVDS stock opened at $77.85 on Friday. The company has a market capitalization of $241.34 million, a P/E ratio of 13.68 and a beta of 0.68. The firm has a 50-day moving average price of $72.53 and a 200 day moving average price of $68.59. Avantis International Small Cap Equity ETF has a 12-month low of $48.00 and a 12-month high of $78.79.

Institutional Investors Weigh In On Avantis International Small Cap Equity ETF

Several hedge funds have recently bought and sold shares of the company. Jane Street Group LLC lifted its holdings in Avantis International Small Cap Equity ETF by 230.7% during the 1st quarter. Jane Street Group LLC now owns 82,915 shares of the company’s stock valued at $4,502,000 after purchasing an additional 57,839 shares during the last quarter. Kelman Lazarov Inc. lifted its holdings in shares of Avantis International Small Cap Equity ETF by 14.6% during the 2nd quarter. Kelman Lazarov Inc. now owns 49,201 shares of the company’s stock worth $3,061,000 after acquiring an additional 6,256 shares during the period. Envestnet Asset Management Inc. lifted its stake in Avantis International Small Cap Equity ETF by 11.7% during the second quarter. Envestnet Asset Management Inc. now owns 133,511 shares of the company’s stock worth $8,305,000 after purchasing an additional 14,022 shares during the last quarter. Integrity Wealth Solutions LLC boosted its stake in Avantis International Small Cap Equity ETF by 6.1% in the second quarter. Integrity Wealth Solutions LLC now owns 4,028 shares of the company’s stock valued at $251,000 after buying an additional 230 shares in the last quarter. Finally, Lionshead Wealth Management LLC acquired a new stake in shares of Avantis International Small Cap Equity ETF in the 2nd quarter valued at approximately $233,000.

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.