Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Short Interest Update

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 63,200 shares, a decline of 28.1% from the September 30th total of 87,900 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 111,200 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 111,200 shares, the short-interest ratio is presently 0.6 days. Currently, 0.2% of the shares of the company are short sold.

Avantis U.S. Small Cap Equity ETF Stock Down 0.1%

Shares of AVSC traded down $0.06 during mid-day trading on Monday, hitting $57.18. 84,751 shares of the company’s stock were exchanged, compared to its average volume of 121,253. Avantis U.S. Small Cap Equity ETF has a 52 week low of $41.58 and a 52 week high of $60.28. The stock’s 50-day simple moving average is $57.36 and its 200-day simple moving average is $53.34. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 14.03 and a beta of 1.10.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Root Financial Partners LLC acquired a new stake in shares of Avantis U.S. Small Cap Equity ETF during the 3rd quarter worth $27,000. Evolution Wealth Management Inc. acquired a new stake in Avantis U.S. Small Cap Equity ETF during the second quarter worth about $25,000. YANKCOM Partnership acquired a new stake in Avantis U.S. Small Cap Equity ETF during the third quarter worth about $29,000. Global Retirement Partners LLC increased its holdings in Avantis U.S. Small Cap Equity ETF by 82.4% in the 3rd quarter. Global Retirement Partners LLC now owns 549 shares of the company’s stock valued at $31,000 after buying an additional 248 shares during the period. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in shares of Avantis U.S. Small Cap Equity ETF in the 3rd quarter valued at approximately $40,000.

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.