Short Interest in Avantis Moderate Allocation ETF (NYSEARCA:AVMA) Increases By 78.7%

Avantis Moderate Allocation ETF (NYSEARCA:AVMA) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 8,923 shares, a growth of 78.7% from the June 30th total of 4,994 shares. Based on an average daily volume of 10,443 shares, the short-interest ratio is currently 0.9 days. Approximately 0.8% of the shares of the stock are short sold.

Avantis Moderate Allocation ETF Stock Performance

Avantis Moderate Allocation ETF stock traded up $0.81 on Thursday, reaching $72.52. The company’s stock had a trading volume of 6,425 shares, compared to its average volume of 5,719. The business’s fifty day moving average price is $72.58 and its 200 day moving average price is $70.48. The company has a market cap of $79.77 million, a price-to-earnings ratio of 16.65 and a beta of 0.66. Avantis Moderate Allocation ETF has a twelve month low of $61.40 and a twelve month high of $73.50.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in AVMA. Vawter Financial Ltd. raised its stake in shares of Avantis Moderate Allocation ETF by 4.5% in the first quarter. Vawter Financial Ltd. now owns 15,414 shares of the company’s stock worth $1,036,000 after acquiring an additional 657 shares during the last quarter. Crosspoint Financial LLC increased its holdings in shares of Avantis Moderate Allocation ETF by 12.0% in the first quarter. Crosspoint Financial LLC now owns 21,170 shares of the company’s stock valued at $1,423,000 after purchasing an additional 2,260 shares in the last quarter. Integrity Wealth Solutions LLC raised its position in Avantis Moderate Allocation ETF by 39.9% in the 1st quarter. Integrity Wealth Solutions LLC now owns 13,400 shares of the company’s stock worth $901,000 after purchasing an additional 3,823 shares during the last quarter. Diversify Wealth Management LLC raised its position in Avantis Moderate Allocation ETF by 129.3% in the 1st quarter. Diversify Wealth Management LLC now owns 15,044 shares of the company’s stock worth $1,060,000 after purchasing an additional 8,484 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its holdings in Avantis Moderate Allocation ETF by 32.3% during the 4th quarter. Osaic Holdings Inc. now owns 11,347 shares of the company’s stock worth $753,000 after buying an additional 2,771 shares in the last quarter.

Avantis Moderate Allocation ETF Company Profile

The Avantis Moderate Allocation ETF (AVMA) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an actively managed, asset allocation fund-of-funds that invests with moderate risk in a broad basket of equity and fixed income ETFs. AVMA was launched on Jun 27, 2023 and is managed by American Century Investments.