Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Stock Short Interest Report for October

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 180,675 shares, an increase of 79.4% from the September 30th total of 100,729 shares. Based on an average daily trading volume, of 178,496 shares, the short-interest ratio is presently 1.0 days. Approximately 0.4% of the shares of the company are short sold.

Hedge Funds Weigh In On Avantis U.S. Small Cap Equity ETF

Several hedge funds have recently modified their holdings of AVSC. DecisionPoint Financial LLC acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF in the third quarter valued at about $31,000. Trellis Wealth Advisors LLC acquired a new position in shares of Avantis U.S. Small Cap Equity ETF during the 3rd quarter worth about $42,000. EverSource Wealth Advisors LLC boosted its stake in Avantis U.S. Small Cap Equity ETF by 100.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 672 shares of the company’s stock valued at $42,000 after purchasing an additional 336 shares during the period. MeadowBrook Investment Advisors LLC bought a new stake in Avantis U.S. Small Cap Equity ETF during the 3rd quarter valued at approximately $54,000. Finally, IFP Advisors Inc bought a new stake in Avantis U.S. Small Cap Equity ETF during the 3rd quarter valued at approximately $66,000.

Avantis U.S. Small Cap Equity ETF Trading Down 1.1%

Avantis U.S. Small Cap Equity ETF stock traded down $0.82 during midday trading on Friday, reaching $71.28. 187,321 shares of the stock traded hands, compared to its average volume of 132,306. Avantis U.S. Small Cap Equity ETF has a fifty-two week low of $54.31 and a fifty-two week high of $75.30. The firm has a market cap of $3.19 billion, a price-to-earnings ratio of 14.03 and a beta of 1.03. The firm has a fifty day moving average price of $71.04 and a two-hundred day moving average price of $68.46.

About Avantis U.S. Small Cap Equity ETF

The Avantis U.S. Small Cap Equity ETF (AVSC) is an exchange-traded fund that is based on the Russell 2000 index. The fund is an actively-managed portfolio of US small-cap value companies selected based on fundamental criteria. AVSC was launched on Jan 11, 2022 and is managed by American Century Investments.