Avantis Moderate Allocation ETF (NYSEARCA:AVMA) Sees Large Increase in Short Interest

Avantis Moderate Allocation ETF (NYSEARCA:AVMA) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 3,672 shares, an increase of 265.4% from the January 29th total of 1,005 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average trading volume of 6,949 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 6,949 shares, the short-interest ratio is presently 0.5 days. Approximately 0.5% of the company’s shares are short sold.

Avantis Moderate Allocation ETF Stock Performance

Shares of NYSEARCA:AVMA traded down $0.15 during mid-day trading on Thursday, hitting $70.27. The stock had a trading volume of 4,482 shares, compared to its average volume of 4,178. The company’s 50 day moving average is $68.34 and its 200-day moving average is $66.21. Avantis Moderate Allocation ETF has a 12-month low of $52.83 and a 12-month high of $70.72. The company has a market cap of $56.21 million, a PE ratio of 16.65 and a beta of 0.71.

Institutional Trading of Avantis Moderate Allocation ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Great Point Wealth Advisors LLC acquired a new position in shares of Avantis Moderate Allocation ETF in the 3rd quarter valued at about $5,912,000. Integrity Wealth Solutions LLC grew its position in Avantis Moderate Allocation ETF by 15.5% during the second quarter. Integrity Wealth Solutions LLC now owns 8,542 shares of the company’s stock valued at $525,000 after purchasing an additional 1,147 shares in the last quarter. PFG Private Wealth Management LLC acquired a new position in Avantis Moderate Allocation ETF in the 3rd quarter valued at approximately $531,000. Versant Capital Management Inc lifted its position in Avantis Moderate Allocation ETF by 51.0% in the 3rd quarter. Versant Capital Management Inc now owns 10,664 shares of the company’s stock worth $694,000 after buying an additional 3,604 shares in the last quarter. Finally, Keystone Financial Group Inc. acquired a new stake in shares of Avantis Moderate Allocation ETF during the 3rd quarter valued at $164,000.

Avantis Moderate Allocation ETF Company Profile

The Avantis Moderate Allocation ETF (AVMA) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an actively managed, asset allocation fund-of-funds that invests with moderate risk in a broad basket of equity and fixed income ETFs. AVMA was launched on Jun 27, 2023 and is managed by American Century Investments.