Avantis All Equity Markets Value ETF (NYSEARCA:AVGV) Shares Shorted: Short Interest Down 69.0% in October

Avantis All Equity Markets Value ETF (NYSEARCA:AVGV) saw a significant drop in short interest in October. As of October 15th, there was short interest totaling 31,445 shares, a drop of 69.0% from the September 30th total of 101,413 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 54,459 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On Avantis All Equity Markets Value ETF

Institutional investors have recently bought and sold shares of the business. Paul R. Ried Financial Group LLC grew its holdings in shares of Avantis All Equity Markets Value ETF by 11.6% during the second quarter. Paul R. Ried Financial Group LLC now owns 117,691 shares of the company’s stock worth $10,006,000 after purchasing an additional 12,257 shares during the last quarter. Evanson Financial LLC raised its holdings in shares of Avantis All Equity Markets Value ETF by 5.6% in the third quarter. Evanson Financial LLC now owns 29,864 shares of the company’s stock valued at $2,519,000 after buying an additional 1,595 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of Avantis All Equity Markets Value ETF by 44.5% in the second quarter. NewEdge Advisors LLC now owns 13,255 shares of the company’s stock valued at $1,127,000 after buying an additional 4,084 shares during the last quarter. BIP Wealth LLC bought a new position in shares of Avantis All Equity Markets Value ETF in the third quarter valued at about $792,000. Finally, Farther Finance Advisors LLC raised its holdings in shares of Avantis All Equity Markets Value ETF by 7.4% in the third quarter. Farther Finance Advisors LLC now owns 4,837 shares of the company’s stock valued at $408,000 after buying an additional 333 shares during the last quarter.

Avantis All Equity Markets Value ETF Price Performance

Shares of AVGV opened at $85.59 on Wednesday. The company has a market capitalization of $479.30 million, a P/E ratio of 13.18 and a beta of 0.81. Avantis All Equity Markets Value ETF has a one year low of $68.54 and a one year high of $89.04. The business’s 50 day simple moving average is $86.46 and its 200-day simple moving average is $83.26.

Avantis All Equity Markets Value ETF Company Profile

The Avantis All Equity Markets Value ETF (AVGV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in global equity portfolios, weighted by geography. It seeks long-term capital appreciation through factor-investing, focusing on securities with value characteristics and higher expected returns. AVGV was launched on Jun 27, 2023 and is managed by American Century Investments.