Avantis Moderate Allocation ETF (NYSEARCA:AVMA) Short Interest Update

Avantis Moderate Allocation ETF (NYSEARCA:AVMA) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 8,923 shares, an increase of 78.7% from the June 30th total of 4,994 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily volume of 10,443 shares, the short-interest ratio is currently 0.9 days.

Avantis Moderate Allocation ETF Trading Up 0.1%

AVMA stock traded up $0.05 during midday trading on Friday, hitting $72.57. 8,811 shares of the company’s stock were exchanged, compared to its average volume of 5,740. The firm has a 50 day moving average price of $72.59 and a 200-day moving average price of $70.51. Avantis Moderate Allocation ETF has a 12-month low of $61.40 and a 12-month high of $73.50. The stock has a market capitalization of $79.83 million, a price-to-earnings ratio of 16.65 and a beta of 0.66.

Institutional Investors Weigh In On Avantis Moderate Allocation ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Crosspoint Financial LLC increased its stake in shares of Avantis Moderate Allocation ETF by 78.4% in the fourth quarter. Crosspoint Financial LLC now owns 18,910 shares of the company’s stock valued at $1,254,000 after purchasing an additional 8,310 shares during the period. Cogent Private Wealth Inc. acquired a new position in shares of Avantis Moderate Allocation ETF during the fourth quarter worth approximately $6,398,000. Diversify Wealth Management LLC grew its holdings in Avantis Moderate Allocation ETF by 129.3% in the 1st quarter. Diversify Wealth Management LLC now owns 15,044 shares of the company’s stock worth $1,060,000 after buying an additional 8,484 shares in the last quarter. Osaic Holdings Inc. increased its position in Avantis Moderate Allocation ETF by 32.3% in the 4th quarter. Osaic Holdings Inc. now owns 11,347 shares of the company’s stock valued at $753,000 after acquiring an additional 2,771 shares during the period. Finally, Susquehanna International Group LLP acquired a new stake in Avantis Moderate Allocation ETF in the 3rd quarter valued at approximately $414,000.

About Avantis Moderate Allocation ETF

The Avantis Moderate Allocation ETF (AVMA) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an actively managed, asset allocation fund-of-funds that invests with moderate risk in a broad basket of equity and fixed income ETFs. AVMA was launched on Jun 27, 2023 and is managed by American Century Investments.