Short Interest in Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Grows By 96.0%

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 397,563 shares, a growth of 96.0% from the April 15th total of 202,867 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 677,604 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of AVLV. NBT Bank N A NY purchased a new position in shares of Avantis U.S. Large Cap Value ETF in the first quarter valued at $35,000. Aventura Private Wealth LLC purchased a new stake in Avantis U.S. Large Cap Value ETF during the fourth quarter valued at $43,000. Longview Financial Advisors Inc. purchased a new stake in Avantis U.S. Large Cap Value ETF during the first quarter valued at $87,000. Root Financial Partners LLC bought a new position in Avantis U.S. Large Cap Value ETF during the third quarter valued at $101,000. Finally, Hurley Capital LLC lifted its position in Avantis U.S. Large Cap Value ETF by 311.8% during the third quarter. Hurley Capital LLC now owns 2,228 shares of the company’s stock valued at $161,000 after purchasing an additional 1,687 shares during the last quarter.

Avantis U.S. Large Cap Value ETF Stock Down 0.9%

Avantis U.S. Large Cap Value ETF stock traded down $0.81 during midday trading on Friday, reaching $87.88. 732,824 shares of the stock traded hands, compared to its average volume of 663,821. The stock has a market cap of $11.71 billion, a P/E ratio of 15.70 and a beta of 0.95. The stock’s fifty day moving average is $83.44 and its 200-day moving average is $79.66. Avantis U.S. Large Cap Value ETF has a 12 month low of $64.36 and a 12 month high of $89.02.

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.