Short Interest in Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Drops By 41.3%

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) was the target of a significant decline in short interest in May. As of May 31st, there was short interest totalling 48,200 shares, a decline of 41.3% from the May 15th total of 82,100 shares. Based on an average trading volume of 823,800 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Roxbury Financial LLC purchased a new position in shares of Avantis U.S. Large Cap Value ETF in the 4th quarter valued at about $41,000. Advantage Trust Co lifted its stake in Avantis U.S. Large Cap Value ETF by 74.2% in the fourth quarter. Advantage Trust Co now owns 110,446 shares of the company’s stock worth $7,374,000 after acquiring an additional 47,054 shares during the last quarter. Magnolia Private Wealth LLC acquired a new position in Avantis U.S. Large Cap Value ETF during the 4th quarter worth approximately $387,000. Nixon Peabody Trust Co. increased its position in shares of Avantis U.S. Large Cap Value ETF by 5.7% in the 4th quarter. Nixon Peabody Trust Co. now owns 908,524 shares of the company’s stock valued at $60,662,000 after purchasing an additional 48,851 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in shares of Avantis U.S. Large Cap Value ETF by 120.3% in the 4th quarter. Farther Finance Advisors LLC now owns 70,899 shares of the company’s stock valued at $4,734,000 after purchasing an additional 38,709 shares in the last quarter.

Avantis U.S. Large Cap Value ETF Stock Performance

Shares of Avantis U.S. Large Cap Value ETF stock traded up $0.66 during trading hours on Monday, reaching $67.24. 196,658 shares of the company were exchanged, compared to its average volume of 460,384. The firm has a market cap of $7.37 billion, a PE ratio of 15.72 and a beta of 1.01. Avantis U.S. Large Cap Value ETF has a 1 year low of $55.67 and a 1 year high of $71.39. The stock’s fifty day moving average is $63.94 and its 200 day moving average is $66.34.

Avantis U.S. Large Cap Value ETF Company Profile

The Avantis U.S. Large Cap Value ETF (AVLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap value companies selected based on fundamental criteria. AVLV was launched on Sep 21, 2021 and is managed by American Century Investments.