Short Interest in Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) Decreases By 47.6%

Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) was the target of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 43,709 shares, a decline of 47.6% from the February 12th total of 83,342 shares. Based on an average daily trading volume, of 27,813 shares, the short-interest ratio is presently 1.6 days. Currently, 1.4% of the company’s shares are sold short. Currently, 1.4% of the company’s shares are sold short. Based on an average daily trading volume, of 27,813 shares, the short-interest ratio is presently 1.6 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Plancorp LLC grew its stake in shares of Avantis International Small Cap Equity ETF by 1.4% during the fourth quarter. Plancorp LLC now owns 14,990 shares of the company’s stock worth $1,046,000 after purchasing an additional 200 shares during the period. Kelman Lazarov Inc. lifted its stake in Avantis International Small Cap Equity ETF by 0.7% in the fourth quarter. Kelman Lazarov Inc. now owns 49,472 shares of the company’s stock valued at $3,454,000 after buying an additional 324 shares during the period. Endeavor Private Wealth Inc. lifted its stake in Avantis International Small Cap Equity ETF by 7.7% in the third quarter. Endeavor Private Wealth Inc. now owns 7,066 shares of the company’s stock valued at $477,000 after buying an additional 503 shares during the period. Tillman Hartley LLC boosted its holdings in Avantis International Small Cap Equity ETF by 21.3% during the fourth quarter. Tillman Hartley LLC now owns 3,626 shares of the company’s stock worth $253,000 after buying an additional 637 shares during the last quarter. Finally, Integrity Wealth Solutions LLC boosted its holdings in Avantis International Small Cap Equity ETF by 17.7% during the fourth quarter. Integrity Wealth Solutions LLC now owns 5,085 shares of the company’s stock worth $355,000 after buying an additional 765 shares during the last quarter.

Avantis International Small Cap Equity ETF Stock Down 1.9%

AVDS stock traded down $1.43 during midday trading on Thursday, reaching $72.96. The company’s stock had a trading volume of 22,358 shares, compared to its average volume of 38,578. Avantis International Small Cap Equity ETF has a 52 week low of $48.00 and a 52 week high of $79.67. The stock has a market cap of $226.18 million, a PE ratio of 13.68 and a beta of 0.68. The business’s 50-day simple moving average is $75.28 and its 200-day simple moving average is $70.21.

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.