Short Interest in Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) Declines By 55.9%

Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) was the recipient of a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 19,264 shares, a drop of 55.9% from the February 26th total of 43,709 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average trading volume of 31,081 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On Avantis International Small Cap Equity ETF

Hedge funds have recently bought and sold shares of the stock. Plancorp LLC grew its stake in Avantis International Small Cap Equity ETF by 1.4% in the 4th quarter. Plancorp LLC now owns 14,990 shares of the company’s stock worth $1,046,000 after buying an additional 200 shares in the last quarter. Kelman Lazarov Inc. lifted its holdings in shares of Avantis International Small Cap Equity ETF by 0.7% during the 4th quarter. Kelman Lazarov Inc. now owns 49,472 shares of the company’s stock worth $3,454,000 after acquiring an additional 324 shares during the last quarter. Endeavor Private Wealth Inc. lifted its holdings in shares of Avantis International Small Cap Equity ETF by 7.7% during the 3rd quarter. Endeavor Private Wealth Inc. now owns 7,066 shares of the company’s stock worth $477,000 after acquiring an additional 503 shares during the last quarter. Tillman Hartley LLC grew its position in Avantis International Small Cap Equity ETF by 21.3% in the fourth quarter. Tillman Hartley LLC now owns 3,626 shares of the company’s stock worth $253,000 after acquiring an additional 637 shares in the last quarter. Finally, Integrity Wealth Solutions LLC grew its position in Avantis International Small Cap Equity ETF by 17.7% in the fourth quarter. Integrity Wealth Solutions LLC now owns 5,085 shares of the company’s stock worth $355,000 after acquiring an additional 765 shares in the last quarter.

Avantis International Small Cap Equity ETF Price Performance

Shares of AVDS traded down $1.20 during midday trading on Thursday, hitting $70.67. 24,806 shares of the company traded hands, compared to its average volume of 38,229. Avantis International Small Cap Equity ETF has a one year low of $48.00 and a one year high of $79.67. The firm has a market cap of $219.08 million, a P/E ratio of 13.68 and a beta of 0.68. The stock has a 50-day moving average of $75.28 and a 200-day moving average of $70.64.

About Avantis International Small Cap Equity ETF

The Avantis International Small Cap Equity ETF (AVDS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap stocks outside the US. AVDS was launched on Jul 18, 2023 and is issued by American Century Investments.