Short Interest in Avantis Responsible International Equity ETF (NYSEARCA:AVSD) Declines By 52.0%

Avantis Responsible International Equity ETF (NYSEARCA:AVSD) saw a large decrease in short interest in May. As of May 15th, there was short interest totaling 17,905 shares, a decrease of 52.0% from the April 30th total of 37,267 shares. Based on an average daily volume of 12,586 shares, the short-interest ratio is presently 1.4 days. Approximately 0.3% of the company’s shares are sold short.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada bought a new position in Avantis Responsible International Equity ETF in the fourth quarter worth approximately $33,000. Milestone Investment Advisors LLC bought a new position in Avantis Responsible International Equity ETF in the first quarter worth approximately $38,000. Curio Wealth LLC boosted its holdings in Avantis Responsible International Equity ETF by 172.3% in the fourth quarter. Curio Wealth LLC now owns 746 shares of the company’s stock worth $56,000 after acquiring an additional 472 shares in the last quarter. Kestra Advisory Services LLC bought a new position in Avantis Responsible International Equity ETF in the fourth quarter worth approximately $74,000. Finally, WealthCollab LLC boosted its holdings in Avantis Responsible International Equity ETF by 47.9% in the first quarter. WealthCollab LLC now owns 2,159 shares of the company’s stock worth $159,000 after acquiring an additional 699 shares in the last quarter.

Avantis Responsible International Equity ETF Price Performance

Shares of Avantis Responsible International Equity ETF stock opened at $80.83 on Wednesday. Avantis Responsible International Equity ETF has a one year low of $65.78 and a one year high of $81.52. The stock’s 50-day moving average is $77.54 and its 200 day moving average is $76.36. The firm has a market cap of $452.65 million, a price-to-earnings ratio of 15.41 and a beta of 0.84.

Avantis Responsible International Equity ETF Company Profile

The Avantis Responsible International Equity ETF (AVSD) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in companies of all market capitalizations in developed markets outside of the US. Holdings are screened for multiple ESG metrics and selected based on fundamental criteria AVSD was launched on Mar 15, 2022 and is managed by American Century Investments.