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

Avantis Moderate Allocation ETF (NYSEARCA:AVMA) was the target of a large drop in short interest in March. As of March 31st, there was short interest totaling 1,657 shares, a drop of 19.5% from the March 15th total of 2,058 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 2,968 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of Avantis Moderate Allocation ETF

Several hedge funds have recently bought and sold shares of AVMA. Keystone Financial Group Inc. acquired a new position in shares of Avantis Moderate Allocation ETF in the 3rd quarter worth approximately $164,000. Versant Capital Management Inc grew its stake in shares of Avantis Moderate Allocation ETF by 51.0% in the 3rd quarter. Versant Capital Management Inc now owns 10,664 shares of the company’s stock worth $694,000 after purchasing an additional 3,604 shares during the last quarter. Great Point Wealth Advisors LLC acquired a new position in shares of Avantis Moderate Allocation ETF in the 3rd quarter worth approximately $5,912,000. PFG Private Wealth Management LLC acquired a new position in shares of Avantis Moderate Allocation ETF in the 3rd quarter worth approximately $531,000. Finally, Vawter Financial Ltd. grew its stake in shares of Avantis Moderate Allocation ETF by 54.7% in the 3rd quarter. Vawter Financial Ltd. now owns 15,047 shares of the company’s stock worth $979,000 after purchasing an additional 5,322 shares during the last quarter.

Avantis Moderate Allocation ETF Trading Up 0.3%

NYSEARCA AVMA traded up $0.18 during trading hours on Thursday, reaching $70.51. 219 shares of the company traded hands, compared to its average volume of 3,981. Avantis Moderate Allocation ETF has a 12 month low of $55.14 and a 12 month high of $70.72. The stock has a market capitalization of $63.46 million, a PE ratio of 16.65 and a beta of 0.69. The company has a 50 day moving average of $68.75 and a two-hundred day moving average of $67.21.

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.