Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Sees Significant Increase in Short Interest

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 637,252 shares, an increase of 18.5% from the February 26th total of 537,619 shares. Based on an average daily volume of 860,616 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.4% of the company’s shares are sold short.

Hedge Funds Weigh In On Avantis International Small Cap Value ETF

Hedge funds have recently bought and sold shares of the company. RHL Group LLC acquired a new position in Avantis International Small Cap Value ETF in the fourth quarter valued at $39,000. Rogco LP acquired a new stake in Avantis International Small Cap Value ETF during the 4th quarter worth about $40,000. Sunbelt Securities Inc. raised its position in shares of Avantis International Small Cap Value ETF by 1,739.1% in the 4th quarter. Sunbelt Securities Inc. now owns 423 shares of the company’s stock worth $40,000 after acquiring an additional 400 shares in the last quarter. Corsicana & Co. bought a new position in shares of Avantis International Small Cap Value ETF in the 3rd quarter worth about $41,000. Finally, Monetary Solutions Ltd acquired a new position in shares of Avantis International Small Cap Value ETF in the 4th quarter valued at about $43,000.

Avantis International Small Cap Value ETF Stock Performance

Shares of NYSEARCA AVDV opened at $99.86 on Wednesday. The company has a market capitalization of $16.61 billion, a P/E ratio of 10.39 and a beta of 0.84. Avantis International Small Cap Value ETF has a 52-week low of $60.74 and a 52-week high of $110.47. The company’s 50 day moving average price is $103.31 and its 200-day moving average price is $95.61.

Avantis International Small Cap Value ETF Company Profile

The Avantis International Small Cap Value ETF (AVDV) is an exchange-traded fund that is based on the MSCI World EX-U.S. Small Cap index. The fund is an actively-managed portfolio of non-US small-cap value companies in developed markets. AVDV was launched on Sep 24, 2019 and is managed by American Century Investments.