Short Interest in Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Increases By 39.5%

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 453,646 shares, a growth of 39.5% from the December 31st total of 325,225 shares. Based on an average trading volume of 796,225 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the shares of the company are sold short. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 796,225 shares, the days-to-cover ratio is presently 0.6 days.

Hedge Funds Weigh In On Avantis International Small Cap Value ETF

A number of hedge funds have recently made changes to their positions in the business. First Horizon Advisors Inc. grew its holdings in shares of Avantis International Small Cap Value ETF by 61.4% in the 2nd quarter. First Horizon Advisors Inc. now owns 326 shares of the company’s stock worth $26,000 after purchasing an additional 124 shares during the last quarter. Cornerstone Planning Group LLC grew its stake in shares of Avantis International Small Cap Value ETF by 68.4% during the third quarter. Cornerstone Planning Group LLC now owns 933 shares of the company’s stock valued at $84,000 after purchasing an additional 379 shares during the last quarter. Rogco LP bought a new position in Avantis International Small Cap Value ETF in the 4th quarter valued at $40,000. Corsicana & Co. bought a new position in Avantis International Small Cap Value ETF in the third quarter valued at about $41,000. Finally, Ameriprise Financial Inc. boosted its stake in shares of Avantis International Small Cap Value ETF by 17.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,187 shares of the company’s stock valued at $373,000 after purchasing an additional 621 shares during the last quarter.

Avantis International Small Cap Value ETF Stock Down 2.7%

Avantis International Small Cap Value ETF stock traded down $2.83 during mid-day trading on Friday, reaching $101.12. The company had a trading volume of 938,759 shares, compared to its average volume of 839,458. The company has a 50 day moving average of $95.55 and a 200-day moving average of $89.73. The firm has a market cap of $16.69 billion, a price-to-earnings ratio of 10.39 and a beta of 0.84. Avantis International Small Cap Value ETF has a 52 week low of $60.74 and a 52 week high of $104.82.

About Avantis International Small Cap Value ETF

The Avantis International Small Cap Value ETF (AVDV) is an exchange-traded fund that is based on the MSCI World EX-U.S. Small Cap index. The fund is an actively-managed portfolio of non-US small-cap value companies in developed markets. AVDV was launched on Sep 24, 2019 and is managed by American Century Investments.