Avantis U.S. Equity ETF (NYSEARCA:AVUS) Short Interest Update

Avantis U.S. Equity ETF (NYSEARCA:AVUS) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 340,841 shares, an increase of 56.3% from the August 15th total of 218,029 shares. Based on an average daily volume of 271,701 shares, the short-interest ratio is presently 1.3 days. Currently, 0.3% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. NewEdge Advisors LLC raised its holdings in Avantis U.S. Equity ETF by 0.3% in the 2nd quarter. NewEdge Advisors LLC now owns 25,333 shares of the company’s stock valued at $3,245,000 after acquiring an additional 81 shares in the last quarter. Tranquility Partners LLC raised its stake in Avantis U.S. Equity ETF by 1.9% during the first quarter. Tranquility Partners LLC now owns 4,704 shares of the company’s stock worth $523,000 after acquiring an additional 89 shares in the last quarter. Diversified Portfolios Inc. increased its position in Avantis U.S. Equity ETF by 1.6% during the 4th quarter. Diversified Portfolios Inc. now owns 5,895 shares of the company’s stock worth $659,000 after purchasing an additional 90 shares in the last quarter. FAS Wealth Partners Inc. boosted its position in Avantis U.S. Equity ETF by 1.3% in the first quarter. FAS Wealth Partners Inc. now owns 7,604 shares of the company’s stock valued at $845,000 after buying an additional 95 shares in the last quarter. Finally, Avant Financial Advisors LLC grew its stake in shares of Avantis U.S. Equity ETF by 0.8% during the first quarter. Avant Financial Advisors LLC now owns 13,527 shares of the company’s stock worth $1,504,000 after buying an additional 106 shares during the last quarter.

Avantis U.S. Equity ETF Trading Up 0.9%

Shares of AVUS opened at $128.75 on Friday. The stock has a market cap of $14.14 billion, a PE ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a 1 year low of $105.72 and a 1 year high of $132.81. The stock has a 50 day simple moving average of $129.44 and a 200-day simple moving average of $123.92.

Avantis U.S. Equity ETF Company Profile

The Avantis U.S. Equity ETF (AVUS) is an exchange-traded fund that is based on the Russell 3000 index. The fund is an actively managed portfolio of US equities of all market capitalizations, with a bias toward smaller, more profitable or value companies. AVUS was launched on Sep 24, 2019 and is managed by American Century Investments.