Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Sees Large Decline in Short Interest

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 66,556 shares, a drop of 94.7% from the May 31st total of 1,259,717 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 785,124 shares, the days-to-cover ratio is presently 0.1 days.

Avantis International Small Cap Value ETF Stock Performance

Shares of AVDV traded up $0.12 during midday trading on Thursday, hitting $104.22. 620,453 shares of the stock traded hands, compared to its average volume of 790,763. Avantis International Small Cap Value ETF has a 1-year low of $78.00 and a 1-year high of $110.99. The firm has a market capitalization of $18.53 billion, a PE ratio of 10.39 and a beta of 0.76. The business’s 50 day moving average price is $107.17 and its two-hundred day moving average price is $102.84.

Institutional Trading of Avantis International Small Cap Value ETF

Hedge funds have recently bought and sold shares of the company. Parallel Advisors LLC grew its position in Avantis International Small Cap Value ETF by 3.1% in the 1st quarter. Parallel Advisors LLC now owns 3,332 shares of the company’s stock worth $333,000 after purchasing an additional 99 shares during the last quarter. Segall Bryant & Hamill LLC increased its stake in shares of Avantis International Small Cap Value ETF by 1.4% in the first quarter. Segall Bryant & Hamill LLC now owns 66,525 shares of the company’s stock valued at $6,643,000 after purchasing an additional 910 shares during the period. Sunbelt Securities Inc. raised its holdings in shares of Avantis International Small Cap Value ETF by 261.7% during the first quarter. Sunbelt Securities Inc. now owns 1,530 shares of the company’s stock valued at $153,000 after buying an additional 1,107 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Avantis International Small Cap Value ETF by 7.7% during the first quarter. EverSource Wealth Advisors LLC now owns 55,388 shares of the company’s stock valued at $5,531,000 after buying an additional 3,960 shares during the last quarter. Finally, Cornerstone Planning Group LLC raised its holdings in shares of Avantis International Small Cap Value ETF by 118.4% during the first quarter. Cornerstone Planning Group LLC now owns 1,509 shares of the company’s stock valued at $160,000 after buying an additional 818 shares during the last quarter.

Avantis International Small Cap Value ETF Company Profile

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.