Short Interest in Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Grows By 1,566.8%

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 878,036 shares, a growth of 1,566.8% from the June 30th total of 52,678 shares. Based on an average daily volume of 1,317,429 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.5% of the company’s shares are short sold.

Avantis International Small Cap Value ETF Stock Performance

Shares of Avantis International Small Cap Value ETF stock traded up $0.61 during trading hours on Friday, hitting $104.12. The company’s stock had a trading volume of 466,581 shares, compared to its average volume of 822,566. The stock has a market cap of $18.81 billion, a price-to-earnings ratio of 10.39 and a beta of 0.77. Avantis International Small Cap Value ETF has a twelve month low of $79.72 and a twelve month high of $110.99. The firm has a fifty day moving average of $105.86 and a 200-day moving average of $104.27.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Fortitude Family Office LLC lifted its stake in Avantis International Small Cap Value ETF by 11.5% during the fourth quarter. Fortitude Family Office LLC now owns 69,381 shares of the company’s stock worth $6,520,000 after purchasing an additional 7,128 shares in the last quarter. First National Bank Sioux Falls grew its stake in shares of Avantis International Small Cap Value ETF by 16.7% in the fourth quarter. First National Bank Sioux Falls now owns 79,044 shares of the company’s stock valued at $7,428,000 after buying an additional 11,302 shares in the last quarter. Natixis Advisors LLC raised its holdings in shares of Avantis International Small Cap Value ETF by 40.4% in the 4th quarter. Natixis Advisors LLC now owns 65,673 shares of the company’s stock valued at $6,171,000 after buying an additional 18,892 shares during the period. Lam Group Inc. raised its holdings in shares of Avantis International Small Cap Value ETF by 64.4% in the 4th quarter. Lam Group Inc. now owns 16,605 shares of the company’s stock valued at $1,560,000 after buying an additional 6,505 shares during the period. Finally, Dougherty Wealth Advisers LLC purchased a new stake in shares of Avantis International Small Cap Value ETF in the 4th quarter valued at $796,000.

About Avantis International Small Cap Value ETF

The Avantis International Small Cap Value ETF (AVDV) is an exchange-traded fund that is based on the MSCI World EX-U.S. Small Cap index. The fund is an actively-managed portfolio of non-US small-cap value companies in developed markets. AVDV was launched on Sep 24, 2019 and is managed by American Century Investments.