Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) Short Interest Update

Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 28,463 shares, a drop of 58.5% from the June 30th total of 68,545 shares. Based on an average trading volume of 48,608 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.7% of the shares of the company are sold short.

Institutional Investors Weigh In On Avantis International Small Cap Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of AVDS. Factor Wealth Management LTD lifted its holdings in Avantis International Small Cap Equity ETF by 5.2% in the first quarter. Factor Wealth Management LTD now owns 3,938 shares of the company’s stock worth $283,000 after purchasing an additional 195 shares during the period. Plancorp LLC increased its stake in Avantis International Small Cap Equity ETF by 1.4% during the 4th quarter. Plancorp LLC now owns 14,990 shares of the company’s stock valued at $1,046,000 after buying an additional 200 shares during the period. Hardin Capital Partners LLC increased its stake in Avantis International Small Cap Equity ETF by 7.8% during the 2nd quarter. Hardin Capital Partners LLC now owns 3,109 shares of the company’s stock valued at $234,000 after buying an additional 225 shares during the period. Kelman Lazarov Inc. raised its position in shares of Avantis International Small Cap Equity ETF by 0.7% during the 4th quarter. Kelman Lazarov Inc. now owns 49,472 shares of the company’s stock worth $3,454,000 after buying an additional 324 shares in the last quarter. Finally, Breakwater Capital Group raised its position in shares of Avantis International Small Cap Equity ETF by 5.9% during the 1st quarter. Breakwater Capital Group now owns 8,284 shares of the company’s stock worth $595,000 after buying an additional 460 shares in the last quarter.

Avantis International Small Cap Equity ETF Price Performance

Shares of Avantis International Small Cap Equity ETF stock opened at $75.55 on Monday. Avantis International Small Cap Equity ETF has a 1-year low of $62.09 and a 1-year high of $80.21. The business’s fifty day moving average price is $76.62 and its two-hundred day moving average price is $75.75. The company has a market capitalization of $317.31 million, a P/E ratio of 13.68 and a beta of 0.73.

About Avantis International Small Cap Equity ETF

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.