Short Interest in Avantis Responsible International Equity ETF (NYSEARCA:AVSD) Drops By 52.1%

Avantis Responsible International Equity ETF (NYSEARCA:AVSD) saw a large drop in short interest in March. As of March 31st, there was short interest totaling 7,983 shares, a drop of 52.1% from the March 15th total of 16,656 shares. Based on an average daily trading volume, of 10,592 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On Avantis Responsible International Equity ETF

A number of large investors have recently bought and sold shares of the business. Corient Private Wealth LLC lifted its holdings in shares of Avantis Responsible International Equity ETF by 0.8% in the 4th quarter. Corient Private Wealth LLC now owns 137,119 shares of the company’s stock worth $10,182,000 after buying an additional 1,067 shares during the period. Professional Financial Solutions LLC ADV purchased a new stake in shares of Avantis Responsible International Equity ETF in the 4th quarter worth $246,000. Axxcess Wealth Management LLC lifted its holdings in shares of Avantis Responsible International Equity ETF by 5.9% in the 4th quarter. Axxcess Wealth Management LLC now owns 3,229 shares of the company’s stock worth $240,000 after buying an additional 180 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Avantis Responsible International Equity ETF by 39.3% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 65,308 shares of the company’s stock worth $4,850,000 after buying an additional 18,411 shares during the period. Finally, Royal Bank of Canada purchased a new stake in shares of Avantis Responsible International Equity ETF in the 4th quarter worth $33,000.

Avantis Responsible International Equity ETF Stock Performance

NYSEARCA AVSD opened at $77.99 on Friday. The stock has a 50-day moving average of $76.84 and a 200 day moving average of $74.58. Avantis Responsible International Equity ETF has a one year low of $57.27 and a one year high of $81.52. The company has a market capitalization of $436.74 million, a price-to-earnings ratio of 15.41 and a beta of 0.86.

About Avantis Responsible International Equity ETF

The Avantis Responsible International Equity ETF (AVSD) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in companies of all market capitalizations in developed markets outside of the US. Holdings are screened for multiple ESG metrics and selected based on fundamental criteria AVSD was launched on Mar 15, 2022 and is managed by American Century Investments.