Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Short Interest Update

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 241,977 shares, a drop of 38.7% from the May 31st total of 394,883 shares. Based on an average daily trading volume, of 1,052,426 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s shares are short sold.

Avantis U.S. Large Cap Value ETF Price Performance

Shares of AVLV stock remained flat at $90.83 during trading hours on Friday. The stock had a trading volume of 1,044,934 shares, compared to its average volume of 1,077,724. Avantis U.S. Large Cap Value ETF has a 12-month low of $67.88 and a 12-month high of $92.46. The company has a market capitalization of $15.18 billion, a PE ratio of 15.70 and a beta of 0.94. The business’s 50 day moving average is $89.32 and its two-hundred day moving average is $83.74.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. NBT Bank N A NY purchased a new position in Avantis U.S. Large Cap Value ETF during the first quarter valued at $35,000. Aventura Private Wealth LLC bought a new position in shares of Avantis U.S. Large Cap Value ETF in the fourth quarter worth approximately $43,000. Diversified Portfolios Inc. lifted its position in Avantis U.S. Large Cap Value ETF by 8.0% in the 3rd quarter. Diversified Portfolios Inc. now owns 8,274 shares of the company’s stock valued at $598,000 after acquiring an additional 610 shares in the last quarter. Sarver Vrooman Wealth Advisors boosted its position in shares of Avantis U.S. Large Cap Value ETF by 1.4% during the second quarter. Sarver Vrooman Wealth Advisors now owns 44,966 shares of the company’s stock valued at $4,106,000 after buying an additional 613 shares during the last quarter. Finally, Hurley Capital LLC boosted its holdings in shares of Avantis U.S. Large Cap Value ETF by 28.3% during the 4th quarter. Hurley Capital LLC now owns 2,859 shares of the company’s stock valued at $217,000 after acquiring an additional 631 shares during the last quarter.

About Avantis U.S. Large Cap Value ETF

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.