Short Interest in Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU) Expands By 66.9%

Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU) was the recipient of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 11,477 shares, an increase of 66.9% from the February 26th total of 6,876 shares. Based on an average daily trading volume, of 22,168 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the company’s shares are short sold.

Avantis Responsible U.S. Equity ETF Stock Performance

Shares of Avantis Responsible U.S. Equity ETF stock traded down $1.26 on Friday, reaching $72.05. 13,829 shares of the company’s stock were exchanged, compared to its average volume of 21,467. The company has a market capitalization of $410.69 million, a P/E ratio of 20.35 and a beta of 1.05. Avantis Responsible U.S. Equity ETF has a 52 week low of $54.53 and a 52 week high of $80.04. The firm’s 50-day moving average is $77.40 and its two-hundred day moving average is $75.87.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Asset Dedication LLC increased its position in shares of Avantis Responsible U.S. Equity ETF by 31.6% during the fourth quarter. Asset Dedication LLC now owns 541 shares of the company’s stock worth $41,000 after acquiring an additional 130 shares in the last quarter. Osaic Holdings Inc. lifted its position in Avantis Responsible U.S. Equity ETF by 44.3% in the 2nd quarter. Osaic Holdings Inc. now owns 1,387 shares of the company’s stock valued at $95,000 after acquiring an additional 426 shares in the last quarter. True Wealth Design LLC boosted its stake in Avantis Responsible U.S. Equity ETF by 7.3% during the 4th quarter. True Wealth Design LLC now owns 2,209 shares of the company’s stock valued at $169,000 after purchasing an additional 150 shares during the last quarter. Curio Wealth LLC boosted its stake in Avantis Responsible U.S. Equity ETF by 13.1% during the 3rd quarter. Curio Wealth LLC now owns 2,458 shares of the company’s stock valued at $181,000 after purchasing an additional 284 shares during the last quarter. Finally, Wealth Enhancement Trust Services Inc. bought a new stake in Avantis Responsible U.S. Equity ETF during the 4th quarter worth approximately $349,000.

About Avantis Responsible U.S. Equity ETF

The Avantis Responsible U.S. Equity ETF (AVSU) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in US companies of all market capitalizations. Holdings are screened for multiple ESG metrics and selected based on fundamental criteria AVSU was launched on Mar 15, 2022 and is managed by American Century Investments.