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

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 2,257,858 shares, a growth of 157.1% from the July 15th total of 878,036 shares. Based on an average daily volume of 720,137 shares, the days-to-cover ratio is currently 3.1 days. Currently, 1.2% of the company’s stock are sold short.

Institutional Investors Weigh In On Avantis International Small Cap Value ETF

Several large investors have recently bought and sold shares of AVDV. RHL Group LLC bought a new stake in shares of Avantis International Small Cap Value ETF in the fourth quarter worth approximately $39,000. Rogco LP purchased a new position in shares of Avantis International Small Cap Value ETF during the 4th quarter valued at about $40,000. Sunbelt Securities Inc. lifted its holdings in Avantis International Small Cap Value ETF by 1,739.1% during the fourth quarter. Sunbelt Securities Inc. now owns 423 shares of the company’s stock valued at $40,000 after purchasing an additional 400 shares in the last quarter. Monetary Solutions Ltd bought a new position in Avantis International Small Cap Value ETF in the 4th quarter worth $43,000. Finally, Sound Income Strategies LLC grew its position in shares of Avantis International Small Cap Value ETF by 111.7% during the first quarter. Sound Income Strategies LLC now owns 436 shares of the company’s stock worth $44,000 after purchasing an additional 230 shares in the last quarter.

Avantis International Small Cap Value ETF Trading Up 0.2%

Shares of AVDV stock opened at $110.51 on Friday. Avantis International Small Cap Value ETF has a 12 month low of $83.57 and a 12 month high of $110.99. The company’s fifty day moving average price is $105.31 and its 200-day moving average price is $105.17. The stock has a market cap of $19.97 billion, a PE ratio of 10.39 and a beta of 0.77.

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.