Avantis All Equity Markets ETF (NYSEARCA:AVGE) Shares Shorted: Short Interest Down 35.5% in October

Avantis All Equity Markets ETF (NYSEARCA:AVGE) was the recipient of a significant drop in short interest in October. As of October 15th, there was short interest totaling 105,260 shares, a drop of 35.5% from the September 30th total of 163,188 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average daily volume of 79,995 shares, the short-interest ratio is presently 1.3 days.

Avantis All Equity Markets ETF Price Performance

Shares of AVGE stock opened at $98.36 on Monday. The stock has a 50 day moving average price of $99.87 and a 200 day moving average price of $96.16. Avantis All Equity Markets ETF has a 52-week low of $81.33 and a 52-week high of $102.81.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of AVGE. GFG Capital LLC acquired a new stake in Avantis All Equity Markets ETF during the 2nd quarter worth about $16,213,000. OceanIQ Capital LLC acquired a new stake in shares of Avantis All Equity Markets ETF in the second quarter valued at approximately $497,000. Shira Ridge Wealth Management purchased a new position in Avantis All Equity Markets ETF during the second quarter worth about $497,000. Hutchens & Kramer Investment Management Group LLC grew its holdings in shares of Avantis All Equity Markets ETF by 56.3% during the 2nd quarter. Hutchens & Kramer Investment Management Group LLC now owns 47,965 shares of the company’s stock worth $4,753,000 after purchasing an additional 17,279 shares during the period. Finally, Austin Asset Management Co Inc purchased a new position in shares of Avantis All Equity Markets ETF during the 3rd quarter worth approximately $1,040,000.

Avantis All Equity Markets ETF Company Profile

The Avantis All Equity Markets ETF (AVGE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that seeks long-term capital appreciation through investments in equity portfolios holding a wide variety of securities with higher expected returns. AVGE was launched on Sep 27, 2022 and is managed by American Century Investments.