Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Short Interest Up 72.9% in May

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 394,883 shares, a growth of 72.9% from the May 14th total of 228,371 shares. Based on an average daily volume of 1,235,452 shares, the short-interest ratio is currently 0.3 days. Approximately 0.3% of the shares of the company are sold short.

Avantis U.S. Large Cap Value ETF Trading Down 0.5%

NYSEARCA AVLV traded down $0.45 on Tuesday, hitting $91.56. 617,368 shares of the company traded hands, compared to its average volume of 745,937. The business’s 50 day moving average price is $87.41 and its 200-day moving average price is $82.28. Avantis U.S. Large Cap Value ETF has a 52-week low of $66.38 and a 52-week high of $92.46. The company has a market capitalization of $12.20 billion, a price-to-earnings ratio of 15.70 and a beta of 0.94.

Hedge Funds Weigh In On Avantis U.S. Large Cap Value ETF

A number of hedge funds have recently modified their holdings of the company. Fortitude Family Office LLC boosted its stake in Avantis U.S. Large Cap Value ETF by 20.9% during the fourth quarter. Fortitude Family Office LLC now owns 118,737 shares of the company’s stock valued at $8,997,000 after buying an additional 20,497 shares during the last quarter. Flagship Harbor Advisors LLC increased its stake in Avantis U.S. Large Cap Value ETF by 13.1% in the 4th quarter. Flagship Harbor Advisors LLC now owns 54,710 shares of the company’s stock worth $4,145,000 after acquiring an additional 6,342 shares during the last quarter. Vicus Capital raised its holdings in shares of Avantis U.S. Large Cap Value ETF by 147.2% during the 4th quarter. Vicus Capital now owns 12,189 shares of the company’s stock worth $924,000 after acquiring an additional 7,259 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Avantis U.S. Large Cap Value ETF by 10.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 469,010 shares of the company’s stock valued at $33,891,000 after acquiring an additional 45,074 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of Avantis U.S. Large Cap Value ETF by 190.0% during the 4th quarter. Farther Finance Advisors LLC now owns 668,964 shares of the company’s stock valued at $50,687,000 after acquiring an additional 438,265 shares during the last quarter.

Avantis U.S. Large Cap Value ETF Company Profile

The Avantis U.S. Large Cap Value ETF (AVLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap value companies selected based on fundamental criteria. AVLV was launched on Sep 21, 2021 and is managed by American Century Investments.