Avantis International Large Cap Value ETF (NYSEARCA:AVIV) Stock Short Interest Declines 72.8%

Avantis International Large Cap Value ETF (NYSEARCA:AVIV) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 93,528 shares, a drop of 72.8% from the August 31st total of 343,287 shares. Based on an average daily trading volume, of 78,003 shares, the short-interest ratio is currently 1.2 days. Approximately 0.4% of the company’s shares are short sold.

Hedge Funds Weigh In On Avantis International Large Cap Value ETF

A number of large investors have recently modified their holdings of AVIV. Lam Group Inc. raised its holdings in Avantis International Large Cap Value ETF by 8.3% in the second quarter. Lam Group Inc. now owns 33,345 shares of the company’s stock valued at $2,582,000 after buying an additional 2,555 shares during the period. Mosaic Family Wealth Partners LLC acquired a new position in shares of Avantis International Large Cap Value ETF during the first quarter worth $276,000. Root Financial Partners LLC lifted its holdings in Avantis International Large Cap Value ETF by 167,000.0% in the 1st quarter. Root Financial Partners LLC now owns 1,671 shares of the company’s stock worth $125,000 after buying an additional 1,670 shares in the last quarter. Longview Financial Advisors Inc. acquired a new position in shares of Avantis International Large Cap Value ETF in the first quarter worth about $64,000. Finally, Nemes Rush Group LLC boosted its stake in shares of Avantis International Large Cap Value ETF by 24.1% during the 4th quarter. Nemes Rush Group LLC now owns 5,144 shares of the company’s stock valued at $366,000 after buying an additional 999 shares during the last quarter. 53.08% of the stock is currently owned by hedge funds and other institutional investors.

Avantis International Large Cap Value ETF Price Performance

Shares of AVIV stock opened at $81.29 on Friday. Avantis International Large Cap Value ETF has a 1-year low of $66.33 and a 1-year high of $83.94. The firm’s 50-day simple moving average is $81.90 and its 200-day simple moving average is $79.04. The firm has a market cap of $2.08 billion, a P/E ratio of 105.57 and a beta of 0.73.

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.