Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Short Interest Up 55.1% in March

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) saw a large growth in short interest in March. As of March 31st, there was short interest totaling 698,698 shares, a growth of 55.1% from the March 15th total of 450,611 shares. Based on an average daily trading volume, of 1,184,133 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the shares of the stock are sold short.

Avantis U.S. Small Cap Value ETF Stock Performance

AVUV opened at $115.13 on Thursday. Avantis U.S. Small Cap Value ETF has a one year low of $78.04 and a one year high of $116.56. The stock’s fifty day moving average is $111.84 and its 200-day moving average is $105.58. The company has a market capitalization of $24.52 billion, a PE ratio of 11.26 and a beta of 1.02.

Hedge Funds Weigh In On Avantis U.S. Small Cap Value ETF

Hedge funds have recently modified their holdings of the stock. First Horizon Corp acquired a new position in shares of Avantis U.S. Small Cap Value ETF in the 3rd quarter worth $899,000. Farther Finance Advisors LLC grew its holdings in shares of Avantis U.S. Small Cap Value ETF by 216.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 333,576 shares of the company’s stock worth $33,201,000 after acquiring an additional 228,273 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Avantis U.S. Small Cap Value ETF by 22.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 455,750 shares of the company’s stock worth $45,361,000 after acquiring an additional 85,028 shares during the last quarter. Correct Capital Wealth Management grew its holdings in shares of Avantis U.S. Small Cap Value ETF by 2.4% in the 3rd quarter. Correct Capital Wealth Management now owns 217,835 shares of the company’s stock worth $21,681,000 after acquiring an additional 5,034 shares during the last quarter. Finally, Zhang Financial LLC grew its holdings in shares of Avantis U.S. Small Cap Value ETF by 42.8% in the 3rd quarter. Zhang Financial LLC now owns 137,754 shares of the company’s stock worth $13,711,000 after acquiring an additional 41,308 shares during the last quarter.

About Avantis U.S. Small Cap Value ETF

The Avantis U.S. Small Cap Value ETF (AVUV) is an exchange-traded fund that is based on the Russell 2000 Value index. The fund is an actively-managed portfolio of US small-cap value companies selected based on fundamental criteria. AVUV was launched on Sep 24, 2019 and is managed by American Century Investments.