Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Short Interest Update

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) was the target of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 112,673 shares, an increase of 65.3% from the February 12th total of 68,180 shares. Based on an average daily volume of 116,353 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.3% of the shares of the stock are sold short. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 116,353 shares, the days-to-cover ratio is presently 1.0 days.

Hedge Funds Weigh In On Avantis U.S. Small Cap Equity ETF

Several hedge funds have recently bought and sold shares of the company. Cambridge Associates LLC MA ADV lifted its stake in Avantis U.S. Small Cap Equity ETF by 1,420.1% in the 3rd quarter. Cambridge Associates LLC MA ADV now owns 837,617 shares of the company’s stock worth $47,954,000 after purchasing an additional 782,514 shares in the last quarter. Savant Capital LLC purchased a new position in shares of Avantis U.S. Small Cap Equity ETF during the 3rd quarter valued at $26,560,000. Creative Planning grew its position in shares of Avantis U.S. Small Cap Equity ETF by 271.3% during the 2nd quarter. Creative Planning now owns 617,070 shares of the company’s stock valued at $31,822,000 after purchasing an additional 450,876 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in shares of Avantis U.S. Small Cap Equity ETF by 2.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 14,459,274 shares of the company’s stock worth $849,338,000 after purchasing an additional 378,725 shares during the period. Finally, Cornerstone Wealth Partners LLC bought a new position in shares of Avantis U.S. Small Cap Equity ETF in the fourth quarter worth $16,571,000.

Avantis U.S. Small Cap Equity ETF Stock Down 0.3%

AVSC stock opened at $60.73 on Friday. The firm has a market capitalization of $2.22 billion, a PE ratio of 14.03 and a beta of 1.10. Avantis U.S. Small Cap Equity ETF has a twelve month low of $41.58 and a twelve month high of $65.93. The stock has a 50-day simple moving average of $63.33 and a two-hundred day simple moving average of $59.74.

About Avantis U.S. Small Cap Equity ETF

The Avantis U.S. Small Cap Equity ETF (AVSC) is an exchange-traded fund that is based on the Russell 2000 index. The fund is an actively-managed portfolio of US small-cap value companies selected based on fundamental criteria. AVSC was launched on Jan 11, 2022 and is managed by American Century Investments.