Short Interest in Avantis International Large Cap Value ETF (NYSEARCA:AVIV) Rises By 55.5%

Avantis International Large Cap Value ETF (NYSEARCA:AVIV) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 159,679 shares, an increase of 55.5% from the November 30th total of 102,687 shares. Approximately 1.2% of the company’s stock are sold short. Based on an average daily trading volume, of 44,406 shares, the days-to-cover ratio is currently 3.6 days. Based on an average daily trading volume, of 44,406 shares, the days-to-cover ratio is currently 3.6 days. Approximately 1.2% of the company’s stock are sold short.

Hedge Funds Weigh In On Avantis International Large Cap Value ETF

A number of large investors have recently made changes to their positions in AVIV. Lam Group Inc. boosted its position in shares of Avantis International Large Cap Value ETF by 2.6% in the 3rd quarter. Lam Group Inc. now owns 20,625 shares of the company’s stock worth $1,391,000 after purchasing an additional 525 shares in the last quarter. EverSource Wealth Advisors LLC purchased a new stake in Avantis International Large Cap Value ETF in the second quarter valued at about $40,000. Nemes Rush Group LLC raised its stake in Avantis International Large Cap Value ETF by 21.2% in the second quarter. Nemes Rush Group LLC now owns 4,078 shares of the company’s stock valued at $254,000 after buying an additional 712 shares during the last quarter. Redmont Wealth Advisors LLC acquired a new stake in Avantis International Large Cap Value ETF in the third quarter worth about $1,164,000. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Avantis International Large Cap Value ETF during the third quarter worth about $1,741,000. 53.08% of the stock is owned by institutional investors and hedge funds.

Avantis International Large Cap Value ETF Stock Up 0.3%

Shares of Avantis International Large Cap Value ETF stock opened at $71.55 on Wednesday. The company has a market cap of $958.77 million, a P/E ratio of 92.92 and a beta of 0.77. The firm’s 50 day moving average price is $69.47 and its 200-day moving average price is $66.49. Avantis International Large Cap Value ETF has a 52-week low of $49.84 and a 52-week high of $71.99.

Avantis International Large Cap Value ETF Company Profile

The Avantis International Large Cap Value ETF (AVIV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund primarily investing in non-US developed market equities with lower prices relative to their book values. AVIV was launched on Sep 28, 2021 and is managed by American Century Investments.