Avantis International Large Cap Value ETF (NYSEARCA:AVIV) Sees Large Increase in Short Interest

Avantis International Large Cap Value ETF (NYSEARCA:AVIV) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,130,881 shares, an increase of 334.7% from the June 30th total of 260,133 shares. Based on an average daily volume of 80,982 shares, the days-to-cover ratio is currently 14.0 days. Approximately 4.6% of the shares of the company are short sold.

Avantis International Large Cap Value ETF Stock Performance

AVIV stock opened at $79.52 on Tuesday. Avantis International Large Cap Value ETF has a one year low of $61.85 and a one year high of $80.80. The stock has a market capitalization of $1.95 billion, a PE ratio of 103.27 and a beta of 0.73. The company has a fifty day moving average of $78.61 and a 200-day moving average of $77.31.

Institutional Trading of Avantis International Large Cap Value ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Frankly Finances LLC purchased a new stake in shares of Avantis International Large Cap Value ETF during the 4th quarter worth about $3,752,000. Flow Traders U.S. LLC bought a new stake in Avantis International Large Cap Value ETF in the third quarter valued at about $1,741,000. Private Wealth Asset Management LLC bought a new position in shares of Avantis International Large Cap Value ETF in the 4th quarter worth about $1,188,000. Lam Group Inc. lifted its holdings in shares of Avantis International Large Cap Value ETF by 50.9% in the 4th quarter. Lam Group Inc. now owns 31,125 shares of the company’s stock worth $2,217,000 after purchasing an additional 10,500 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in Avantis International Large Cap Value ETF by 3,415.0% during the 4th quarter. Farther Finance Advisors LLC now owns 7,979 shares of the company’s stock valued at $568,000 after purchasing an additional 7,752 shares during the period. Hedge funds and other institutional investors own 53.08% of the company’s stock.

Avantis International Large Cap Value ETF Company Profile

The Avantis International Large Cap Value ETF (AVIV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund primarily investing in non-US developed market equities with lower prices relative to their book values. AVIV was launched on Sep 28, 2021 and is managed by American Century Investments.