Avantis International Equity ETF (NYSEARCA:AVDE) Short Interest Update

Avantis International Equity ETF (NYSEARCA:AVDE) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 622,326 shares, an increase of 179.1% from the February 26th total of 222,953 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 1,427,168 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 1,427,168 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.4% of the company’s stock are short sold.

Institutional Trading of Avantis International Equity ETF

Institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada grew its position in Avantis International Equity ETF by 123.9% in the 1st quarter. Royal Bank of Canada now owns 80,754 shares of the company’s stock worth $5,352,000 after purchasing an additional 44,683 shares during the period. Integrated Wealth Concepts LLC boosted its stake in shares of Avantis International Equity ETF by 49.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 6,692 shares of the company’s stock worth $443,000 after buying an additional 2,206 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Avantis International Equity ETF by 22.3% in the 2nd quarter. Cetera Investment Advisers now owns 4,756 shares of the company’s stock worth $352,000 after buying an additional 868 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Avantis International Equity ETF by 40.0% in the second quarter. JPMorgan Chase & Co. now owns 173,687 shares of the company’s stock worth $12,855,000 after acquiring an additional 49,646 shares during the period. Finally, Global Retirement Partners LLC bought a new stake in shares of Avantis International Equity ETF in the second quarter worth $1,539,000.

Avantis International Equity ETF Stock Performance

Shares of NYSEARCA:AVDE traded up $1.37 during trading on Wednesday, reaching $84.51. 1,165,950 shares of the stock traded hands, compared to its average volume of 1,308,053. The stock has a market cap of $12.74 billion, a P/E ratio of 14.71 and a beta of 0.84. The stock has a 50-day moving average of $87.72 and a two-hundred day moving average of $82.90. Avantis International Equity ETF has a 52-week low of $58.56 and a 52-week high of $92.60.

About Avantis International Equity ETF

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.