Avantis International Large Cap Value ETF (NYSEARCA:AVIV) Sees Large Drop in Short Interest

Avantis International Large Cap Value ETF (NYSEARCA:AVIV) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 287,286 shares, a decrease of 74.6% from the July 15th total of 1,130,881 shares. Based on an average daily volume of 127,503 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.2% of the company’s shares are sold short.

Hedge Funds Weigh In On Avantis International Large Cap Value ETF

Large investors have recently bought and sold shares of the business. Rogco LP purchased a new stake in Avantis International Large Cap Value ETF in the fourth quarter worth $27,000. EverSource Wealth Advisors LLC purchased a new stake in shares of Avantis International Large Cap Value ETF during the second quarter valued at $40,000. Longview Financial Advisors Inc. bought a new position in shares of Avantis International Large Cap Value ETF in the first quarter worth about $64,000. Root Financial Partners LLC increased its stake in Avantis International Large Cap Value ETF by 167,000.0% in the 1st quarter. Root Financial Partners LLC now owns 1,671 shares of the company’s stock worth $125,000 after buying an additional 1,670 shares during the period. Finally, Mosaic Family Wealth Partners LLC bought a new stake in Avantis International Large Cap Value ETF during the 1st quarter valued at about $276,000. Hedge funds and other institutional investors own 53.08% of the company’s stock.

Avantis International Large Cap Value ETF Price Performance

Shares of NYSEARCA:AVIV traded down $0.10 during trading hours on Thursday, hitting $82.81. 65,327 shares of the company’s stock traded hands, compared to its average volume of 125,446. Avantis International Large Cap Value ETF has a 1 year low of $64.93 and a 1 year high of $83.05. The business has a fifty day moving average price of $79.12 and a 200-day moving average price of $77.99. The firm has a market capitalization of $2.05 billion, a P/E ratio of 107.55 and a beta of 0.73.

About Avantis International Large Cap Value ETF

The Avantis International Large Cap Value ETF (AVIV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund primarily investing in non-US developed market equities with lower prices relative to their book values. AVIV was launched on Sep 28, 2021 and is managed by American Century Investments.