Avantis International Equity ETF (NYSEARCA:AVDE – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 2,047,864 shares, an increase of 165.6% from the September 15th total of 770,967 shares. Based on an average trading volume of 1,504,381 shares, the days-to-cover ratio is presently 1.4 days. Currently, 1.0% of the shares of the stock are short sold.
Avantis International Equity ETF Stock Performance
Shares of AVDE traded down $0.13 during mid-day trading on Monday, hitting $89.67. 176,241 shares of the stock were exchanged, compared to its average volume of 1,151,502. The company has a market cap of $19.09 billion, a PE ratio of 14.71 and a beta of 0.79. Avantis International Equity ETF has a 52-week low of $77.20 and a 52-week high of $94.82. The firm has a 50-day moving average of $92.58 and a two-hundred day moving average of $90.46.
Institutional Investors Weigh In On Avantis International Equity ETF
Several large investors have recently bought and sold shares of AVDE. HB Wealth Management LLC lifted its position in Avantis International Equity ETF by 1.7% during the second quarter. HB Wealth Management LLC now owns 1,693,261 shares of the company’s stock valued at $151,039,000 after purchasing an additional 28,334 shares during the last quarter. Waverly Advisors LLC grew its stake in shares of Avantis International Equity ETF by 41.4% in the 2nd quarter. Waverly Advisors LLC now owns 1,222,477 shares of the company’s stock worth $109,045,000 after buying an additional 357,998 shares in the last quarter. World Investment Advisors increased its holdings in shares of Avantis International Equity ETF by 6.3% in the 1st quarter. World Investment Advisors now owns 208,978 shares of the company’s stock worth $17,730,000 after buying an additional 12,369 shares during the last quarter. Focus Partners Wealth increased its holdings in shares of Avantis International Equity ETF by 1.8% in the 4th quarter. Focus Partners Wealth now owns 1,383,904 shares of the company’s stock worth $113,923,000 after buying an additional 24,867 shares during the last quarter. Finally, RVW Wealth LLC increased its holdings in shares of Avantis International Equity ETF by 21.8% in the 3rd quarter. RVW Wealth LLC now owns 356,653 shares of the company’s stock worth $32,138,000 after buying an additional 63,854 shares during 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.
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