Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) Short Interest Up 191.8% in May

Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 243,967 shares, an increase of 191.8% from the April 30th total of 83,595 shares. Based on an average daily volume of 18,603 shares, the days-to-cover ratio is presently 13.1 days. Currently, 6.6% of the company’s stock are sold short.

Avantis International Small Cap Equity ETF Stock Performance

AVDS stock traded up $0.35 during trading on Friday, reaching $79.55. 30,653 shares of the company traded hands, compared to its average volume of 30,834. Avantis International Small Cap Equity ETF has a 12 month low of $59.68 and a 12 month high of $80.21. The business has a 50 day simple moving average of $75.92 and a 200 day simple moving average of $73.55. The company has a market capitalization of $294.34 million, a price-to-earnings ratio of 13.68 and a beta of 0.71.

Institutional Investors Weigh In On Avantis International Small Cap Equity ETF

A number of institutional investors have recently added to or reduced their stakes in AVDS. Kestra Advisory Services LLC bought a new stake in Avantis International Small Cap Equity ETF during the fourth quarter valued at about $98,000. Dogwood Wealth Management LLC bought a new stake in Avantis International Small Cap Equity ETF during the third quarter valued at about $109,000. Tillman Hartley LLC acquired a new stake in Avantis International Small Cap Equity ETF in the third quarter worth about $202,000. True North Advisors LLC acquired a new stake in Avantis International Small Cap Equity ETF in the fourth quarter worth about $211,000. Finally, Westwood Wealth Management acquired a new stake in Avantis International Small Cap Equity ETF in the fourth quarter worth about $243,000.

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.