Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Shares Shorted: Short Interest Down 51.5% in October

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) saw a significant decrease in short interest in October. As of October 15th, there was short interest totaling 203,018 shares, a decrease of 51.5% from the September 30th total of 418,194 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 611,162 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Avantis International Small Cap Value ETF

Several hedge funds have recently modified their holdings of the stock. Frankly Finances LLC lifted its holdings in shares of Avantis International Small Cap Value ETF by 0.7% in the third quarter. Frankly Finances LLC now owns 25,748 shares of the company’s stock valued at $2,816,000 after purchasing an additional 190 shares in the last quarter. Oakworth Capital Inc. acquired a new position in Avantis International Small Cap Value ETF during the third quarter valued at $26,000. Lam Group Inc. lifted its stake in Avantis International Small Cap Value ETF by 0.9% in the 3rd quarter. Lam Group Inc. now owns 23,100 shares of the company’s stock worth $2,527,000 after acquiring an additional 215 shares in the last quarter. Morton Brown Family Wealth LLC lifted its stake in Avantis International Small Cap Value ETF by 2.9% in the 3rd quarter. Morton Brown Family Wealth LLC now owns 262,606 shares of the company’s stock worth $28,724,000 after acquiring an additional 7,455 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC purchased a new stake in Avantis International Small Cap Value ETF in the 3rd quarter worth about $1,791,000.

Avantis International Small Cap Value ETF Price Performance

Shares of NYSEARCA:AVDV traded down $1.72 on Friday, reaching $105.11. 762,491 shares of the company traded hands, compared to its average volume of 788,902. The stock has a market capitalization of $19.66 billion, a PE ratio of 10.39 and a beta of 0.78. The company’s 50 day moving average is $109.73 and its 200-day moving average is $106.20. Avantis International Small Cap Value ETF has a fifty-two week low of $87.44 and a fifty-two week high of $114.00.

About Avantis International Small Cap Value ETF

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.