Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU) Sees Large Decrease in Short Interest

Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 302 shares, a drop of 64.0% from the April 15th total of 838 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 11,321 shares, the days-to-cover ratio is currently 0.0 days.

Avantis Responsible U.S. Equity ETF Stock Down 1.4%

AVSU traded down $1.21 on Friday, reaching $84.21. 3,448 shares of the company traded hands, compared to its average volume of 17,853. Avantis Responsible U.S. Equity ETF has a one year low of $63.93 and a one year high of $85.66. The firm has a fifty day simple moving average of $78.46 and a two-hundred day simple moving average of $77.44. The company has a market cap of $446.31 million, a P/E ratio of 20.35 and a beta of 1.05.

Institutional Investors Weigh In On Avantis Responsible U.S. Equity ETF

Several hedge funds have recently modified their holdings of AVSU. Modern Wealth Management LLC grew its position in shares of Avantis Responsible U.S. Equity ETF by 373.9% in the 1st quarter. Modern Wealth Management LLC now owns 21,006 shares of the company’s stock worth $1,568,000 after buying an additional 16,573 shares during the last quarter. WealthCollab LLC grew its position in Avantis Responsible U.S. Equity ETF by 92.7% during the 1st quarter. WealthCollab LLC now owns 1,655 shares of the company’s stock worth $122,000 after purchasing an additional 796 shares during the last quarter. Vestment Financial LLC boosted its holdings in shares of Avantis Responsible U.S. Equity ETF by 9.4% in the 1st quarter. Vestment Financial LLC now owns 26,459 shares of the company’s stock valued at $2,158,000 after acquiring an additional 2,280 shares during the last quarter. Kelman Lazarov Inc. boosted its holdings in shares of Avantis Responsible U.S. Equity ETF by 7.8% in the 1st quarter. Kelman Lazarov Inc. now owns 21,059 shares of the company’s stock valued at $1,557,000 after acquiring an additional 1,522 shares during the last quarter. Finally, Financial Plan Inc. lifted its stake in shares of Avantis Responsible U.S. Equity ETF by 2.3% in the 1st quarter. Financial Plan Inc. now owns 14,204 shares of the company’s stock valued at $1,050,000 after purchasing an additional 324 shares during the period.

Avantis Responsible U.S. Equity ETF Company Profile

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