Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) Short Interest Up 108.1% in August

Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 75,583 shares, an increase of 108.1% from the July 30th total of 36,323 shares. Based on an average trading volume of 20,869 shares, the short-interest ratio is presently 3.6 days. Approximately 1.8% of the shares of the stock are short sold.

Avantis International Small Cap Equity ETF Stock Performance

AVDS stock opened at $80.59 on Friday. The company has a market capitalization of $338.48 million, a PE ratio of 13.68 and a beta of 0.72. The company’s 50 day moving average price is $77.25 and its two-hundred day moving average price is $76.60. Avantis International Small Cap Equity ETF has a one year low of $64.61 and a one year high of $81.32.

Institutional Investors Weigh In On Avantis International Small Cap Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Nvest Wealth Strategies Inc. grew its stake in shares of Avantis International Small Cap Equity ETF by 5.6% in the second quarter. Nvest Wealth Strategies Inc. now owns 59,263 shares of the company’s stock worth $4,460,000 after acquiring an additional 3,147 shares during the last quarter. Lam Group Inc. raised its holdings in shares of Avantis International Small Cap Equity ETF by 14.2% during the second quarter. Lam Group Inc. now owns 23,860 shares of the company’s stock valued at $1,796,000 after purchasing an additional 2,960 shares during the last quarter. Adamsbrown Wealth Consultants LLC lifted its holdings in shares of Avantis International Small Cap Equity ETF by 5.0% during the 2nd quarter. Adamsbrown Wealth Consultants LLC now owns 125,642 shares of the company’s stock valued at $9,456,000 after buying an additional 5,965 shares during the period. Breakwater Capital Group grew its stake in shares of Avantis International Small Cap Equity ETF by 9.7% during the 2nd quarter. Breakwater Capital Group now owns 9,090 shares of the company’s stock valued at $684,000 after purchasing an additional 806 shares during the period. Finally, Colorado Capital Management Inc. grew its position in Avantis International Small Cap Equity ETF by 6.2% during the second quarter. Colorado Capital Management Inc. now owns 9,966 shares of the company’s stock valued at $750,000 after buying an additional 586 shares during the period.

Avantis International Small Cap Equity ETF Company Profile

The Avantis International Small Cap Equity ETF (AVDS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap stocks outside the US. AVDS was launched on Jul 18, 2023 and is issued by American Century Investments.