Short Interest in Avantis International Equity ETF (NYSEARCA:AVDE) Grows By 154.0%

Avantis International Equity ETF (NYSEARCA:AVDE) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 1,076,829 shares, a growth of 154.0% from the January 15th total of 423,987 shares. Based on an average trading volume of 1,470,846 shares, the short-interest ratio is currently 0.7 days. Currently, 0.7% of the shares of the company are short sold. Currently, 0.7% of the shares of the company are short sold. Based on an average trading volume of 1,470,846 shares, the short-interest ratio is currently 0.7 days.

Avantis International Equity ETF Stock Up 0.4%

NYSEARCA:AVDE traded up $0.32 during mid-day trading on Friday, reaching $90.60. 1,396,065 shares of the stock were exchanged, compared to its average volume of 1,243,079. The stock has a market capitalization of $13.66 billion, a P/E ratio of 14.71 and a beta of 0.84. The company has a 50 day simple moving average of $84.99 and a 200-day simple moving average of $80.61. Avantis International Equity ETF has a 1 year low of $58.56 and a 1 year high of $91.48.

Institutional Investors Weigh In On Avantis International Equity ETF

Several hedge funds have recently made changes to their positions in AVDE. Wealth Enhancement Advisory Services LLC raised its stake in Avantis International Equity ETF by 4.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,102,049 shares of the company’s stock valued at $429,545,000 after acquiring an additional 206,717 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Avantis International Equity ETF by 357.3% in the third quarter. Ameriprise Financial Inc. now owns 4,932,115 shares of the company’s stock valued at $388,855,000 after purchasing an additional 3,853,677 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of Avantis International Equity ETF by 140.6% in the third quarter. Envestnet Asset Management Inc. now owns 4,068,689 shares of the company’s stock valued at $321,020,000 after purchasing an additional 2,377,932 shares during the period. Corient Private Wealth LLC raised its stake in shares of Avantis International Equity ETF by 4.1% during the second quarter. Corient Private Wealth LLC now owns 4,047,221 shares of the company’s stock worth $299,535,000 after purchasing an additional 160,658 shares during the last quarter. Finally, American Century Companies Inc. lifted its holdings in shares of Avantis International Equity ETF by 8.8% during the third quarter. American Century Companies Inc. now owns 3,671,927 shares of the company’s stock worth $289,715,000 after purchasing an additional 295,670 shares during the period.

Avantis International Equity ETF Company Profile

The Avantis International Equity ETF (AVDE) is an exchange-traded fund that is based on the MSCI WORLD EX USA IMI INDEX index. The fund is an actively managed portfolio of non-US companies from developed markets, of all market capitalizations, focusing on smaller, value companies. AVDE was launched on Sep 24, 2019 and is managed by American Century Investments.