Avantis International Equity ETF (NYSEARCA:AVDE) Short Interest Up 94.7% in June

Avantis International Equity ETF (NYSEARCA:AVDE) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 937,001 shares, a growth of 94.7% from the June 15th total of 481,297 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average trading volume of 968,783 shares, the short-interest ratio is currently 1.0 days.

Avantis International Equity ETF Stock Down 0.5%

Shares of NYSEARCA:AVDE traded down $0.48 during midday trading on Friday, reaching $89.33. The company’s stock had a trading volume of 901,886 shares, compared to its average volume of 1,176,145. The stock has a fifty day moving average of $90.08 and a 200 day moving average of $88.27. Avantis International Equity ETF has a twelve month low of $72.79 and a twelve month high of $92.60. The firm has a market capitalization of $17.52 billion, a PE ratio of 14.71 and a beta of 0.78.

Hedge Funds Weigh In On Avantis International Equity ETF

Several institutional investors have recently made changes to their positions in AVDE. Align Financial LLC purchased a new stake in Avantis International Equity ETF during the fourth quarter worth $1,117,525,000. Corient Private Wealth LLC raised its position in shares of Avantis International Equity ETF by 61.5% in the fourth quarter. Corient Private Wealth LLC now owns 5,824,926 shares of the company’s stock worth $479,508,000 after acquiring an additional 2,219,229 shares during the period. Maseco LLP acquired a new position in shares of Avantis International Equity ETF in the first quarter worth about $166,156,000. Advance Capital Management Inc. boosted its stake in shares of Avantis International Equity ETF by 1,709.5% during the 1st quarter. Advance Capital Management Inc. now owns 1,732,496 shares of the company’s stock worth $146,985,000 after acquiring an additional 1,636,753 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Avantis International Equity ETF by 134.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 2,703,438 shares of the company’s stock worth $213,301,000 after acquiring an additional 1,552,177 shares in the last quarter.

About Avantis International Equity ETF

The Avantis International Equity ETF (AVDE) is an exchange-traded fund that is based on the MSCI WORLD EX USA IMI INDEX index. The fund is an actively managed portfolio of non-US companies from developed markets, of all market capitalizations, focusing on smaller, value companies. AVDE was launched on Sep 24, 2019 and is managed by American Century Investments.