Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU) Sees Significant Decrease in Short Interest

Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU) saw a large drop in short interest in December. As of December 15th, there was short interest totaling 5,367 shares, a drop of 37.8% from the November 30th total of 8,630 shares. Based on an average daily volume of 7,920 shares, the short-interest ratio is presently 0.7 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 7,920 shares, the short-interest ratio is presently 0.7 days.

Avantis Responsible U.S. Equity ETF Price Performance

AVSU stock traded up $0.07 during trading on Friday, reaching $77.37. 4,271 shares of the company were exchanged, compared to its average volume of 13,123. The company has a market capitalization of $448.75 million, a price-to-earnings ratio of 20.35 and a beta of 1.05. The company has a 50-day moving average of $75.17 and a two-hundred day moving average of $72.37. Avantis Responsible U.S. Equity ETF has a twelve month low of $54.53 and a twelve month high of $77.45.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of AVSU. Maseco LLP acquired a new stake in shares of Avantis Responsible U.S. Equity ETF during the 2nd quarter valued at $84,290,000. Focus Partners Wealth grew its holdings in shares of Avantis Responsible U.S. Equity ETF by 4.2% during the third quarter. Focus Partners Wealth now owns 358,248 shares of the company’s stock worth $26,356,000 after purchasing an additional 14,402 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Avantis Responsible U.S. Equity ETF by 4.5% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 144,827 shares of the company’s stock worth $10,673,000 after purchasing an additional 6,245 shares during the last quarter. Highland Financial Advisors LLC increased its stake in shares of Avantis Responsible U.S. Equity ETF by 15.3% in the third quarter. Highland Financial Advisors LLC now owns 135,444 shares of the company’s stock valued at $9,964,000 after buying an additional 18,012 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its holdings in Avantis Responsible U.S. Equity ETF by 803.1% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 126,052 shares of the company’s stock valued at $9,273,000 after buying an additional 112,095 shares during the last quarter.

Avantis Responsible U.S. Equity ETF Company Profile

The Avantis Responsible U.S. Equity ETF (AVSU) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in US companies of all market capitalizations. Holdings are screened for multiple ESG metrics and selected based on fundamental criteria AVSU was launched on Mar 15, 2022 and is managed by American Century Investments.