Avantis All Equity Markets ETF (NYSEARCA:AVGE) Shares Shorted: Short Interest Up 84.8% in September

Avantis All Equity Markets ETF (NYSEARCA:AVGE) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 163,188 shares, a growth of 84.8% from the September 15th total of 88,298 shares. Approximately 1.3% of the company’s stock are short sold. Based on an average daily volume of 81,481 shares, the days-to-cover ratio is currently 2.0 days.

Avantis All Equity Markets ETF Stock Down 1.0%

Shares of AVGE stock opened at $98.75 on Thursday. Avantis All Equity Markets ETF has a 1-year low of $81.33 and a 1-year high of $102.81. The stock’s 50-day moving average is $100.53 and its 200 day moving average is $98.01.

Institutional Trading of Avantis All Equity Markets ETF

Several hedge funds have recently modified their holdings of AVGE. Align Financial LLC acquired a new stake in shares of Avantis All Equity Markets ETF in the 4th quarter worth $333,337,000. GFG Capital LLC purchased a new position in Avantis All Equity Markets ETF during the 2nd quarter worth $16,213,000. BIP Wealth LLC increased its position in Avantis All Equity Markets ETF by 4.5% during the 1st quarter. BIP Wealth LLC now owns 108,447 shares of the company’s stock valued at $9,546,000 after buying an additional 4,651 shares in the last quarter. Sprinkle Financial Consultants LLC increased its position in Avantis All Equity Markets ETF by 6.5% during the 3rd quarter. Sprinkle Financial Consultants LLC now owns 61,215 shares of the company’s stock valued at $6,019,000 after buying an additional 3,745 shares in the last quarter. Finally, Frankly Finances LLC increased its position in Avantis All Equity Markets ETF by 2.7% during the 1st quarter. Frankly Finances LLC now owns 53,059 shares of the company’s stock valued at $4,670,000 after buying an additional 1,420 shares in the last quarter.

About Avantis All Equity Markets ETF

The Avantis All Equity Markets ETF (AVGE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that seeks long-term capital appreciation through investments in equity portfolios holding a wide variety of securities with higher expected returns. AVGE was launched on Sep 27, 2022 and is managed by American Century Investments.