Short Interest in Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) Rises By 55.1%

Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 698,698 shares, an increase of 55.1% from the March 15th total of 450,611 shares. Based on an average daily trading volume, of 1,184,133 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the company’s shares are short sold.

Avantis U.S. Small Cap Value ETF Trading Down 0.3%

AVUV traded down $0.33 on Wednesday, hitting $115.13. The company had a trading volume of 874,409 shares, compared to its average volume of 1,126,209. The firm has a market cap of $24.52 billion, a P/E ratio of 11.26 and a beta of 1.02. Avantis U.S. Small Cap Value ETF has a 1 year low of $78.04 and a 1 year high of $116.56. The company’s fifty day moving average price is $111.80 and its 200 day moving average price is $105.52.

Institutional Trading of Avantis U.S. Small Cap Value ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Baldwin Investment Management LLC boosted its position in shares of Avantis U.S. Small Cap Value ETF by 4.8% during the 4th quarter. Baldwin Investment Management LLC now owns 2,750 shares of the company’s stock worth $280,000 after purchasing an additional 125 shares during the period. CGC Financial Services LLC boosted its position in shares of Avantis U.S. Small Cap Value ETF by 0.8% during the 4th quarter. CGC Financial Services LLC now owns 16,678 shares of the company’s stock worth $1,701,000 after purchasing an additional 132 shares during the period. Transcendent Capital Group LLC boosted its position in shares of Avantis U.S. Small Cap Value ETF by 1.0% during the 4th quarter. Transcendent Capital Group LLC now owns 13,968 shares of the company’s stock worth $1,424,000 after purchasing an additional 135 shares during the period. IFP Advisors Inc boosted its position in shares of Avantis U.S. Small Cap Value ETF by 1.9% during the 3rd quarter. IFP Advisors Inc now owns 7,980 shares of the company’s stock worth $794,000 after purchasing an additional 149 shares during the period. Finally, First PREMIER Bank boosted its position in shares of Avantis U.S. Small Cap Value ETF by 9.2% during the 4th quarter. First PREMIER Bank now owns 2,305 shares of the company’s stock worth $235,000 after purchasing an additional 194 shares during the period.

About Avantis U.S. Small Cap Value ETF

The Avantis U.S. Small Cap Value ETF (AVUV) is an exchange-traded fund that is based on the Russell 2000 Value index. The fund is an actively-managed portfolio of US small-cap value companies selected based on fundamental criteria. AVUV was launched on Sep 24, 2019 and is managed by American Century Investments.