Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) Stock Short Interest Rises 92.0%

Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 158,418 shares, an increase of 92.0% from the September 30th total of 82,499 shares. Approximately 3.4% of the shares of the company are short sold. Based on an average trading volume of 22,220 shares, the short-interest ratio is currently 7.1 days.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. William Mack & Associates Inc. purchased a new position in Avantis International Small Cap Equity ETF during the third quarter valued at approximately $68,000. Atwood & Palmer Inc. purchased a new stake in Avantis International Small Cap Equity ETF in the 3rd quarter worth approximately $133,000. Hardin Capital Partners LLC lifted its stake in Avantis International Small Cap Equity ETF by 7.8% in the 2nd quarter. Hardin Capital Partners LLC now owns 3,109 shares of the company’s stock worth $234,000 after purchasing an additional 225 shares in the last quarter. Absolute Capital Management LLC bought a new position in Avantis International Small Cap Equity ETF in the 3rd quarter valued at $259,000. Finally, Modera Wealth Management LLC bought a new position in Avantis International Small Cap Equity ETF in the 3rd quarter valued at $276,000.

Avantis International Small Cap Equity ETF Price Performance

Avantis International Small Cap Equity ETF stock opened at $76.15 on Friday. Avantis International Small Cap Equity ETF has a one year low of $64.71 and a one year high of $81.32. The business has a fifty day moving average price of $78.62 and a 200-day moving average price of $76.81. The firm has a market capitalization of $365.52 million, a P/E ratio of 13.68 and a beta of 0.74.

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.