Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Sees Significant Increase in Short Interest

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 397,563 shares, an increase of 96.0% from the April 15th total of 202,867 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 677,604 shares, the days-to-cover ratio is currently 0.6 days.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in AVLV. NBT Bank N A NY bought a new stake in shares of Avantis U.S. Large Cap Value ETF during the 1st quarter worth about $35,000. Aventura Private Wealth LLC bought a new stake in shares of Avantis U.S. Large Cap Value ETF during the 4th quarter worth about $43,000. Longview Financial Advisors Inc. bought a new stake in shares of Avantis U.S. Large Cap Value ETF during the 1st quarter worth about $87,000. Root Financial Partners LLC bought a new stake in shares of Avantis U.S. Large Cap Value ETF during the 3rd quarter worth about $101,000. Finally, Hurley Capital LLC raised its position in shares of Avantis U.S. Large Cap Value ETF by 311.8% during the 3rd quarter. Hurley Capital LLC now owns 2,228 shares of the company’s stock worth $161,000 after buying an additional 1,687 shares in the last quarter.

Avantis U.S. Large Cap Value ETF Trading Down 0.1%

Avantis U.S. Large Cap Value ETF stock traded down $0.13 during midday trading on Monday, hitting $87.75. The stock had a trading volume of 957,407 shares, compared to its average volume of 666,944. Avantis U.S. Large Cap Value ETF has a 12 month low of $64.36 and a 12 month high of $89.02. The stock has a market cap of $11.70 billion, a P/E ratio of 15.70 and a beta of 0.95. The business has a fifty day moving average price of $83.56 and a 200 day moving average price of $79.81.

About Avantis U.S. Large Cap Value ETF

The Avantis U.S. Large Cap Value ETF (AVLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap value companies selected based on fundamental criteria. AVLV was launched on Sep 21, 2021 and is managed by American Century Investments.