Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Sees Significant Increase in Short Interest

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 2,257,858 shares, an increase of 157.1% from the July 15th total of 878,036 shares. Based on an average daily trading volume, of 720,137 shares, the days-to-cover ratio is currently 3.1 days. Currently, 1.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On Avantis International Small Cap Value ETF

Several hedge funds have recently bought and sold shares of AVDV. RHL Group LLC purchased a new stake in shares of Avantis International Small Cap Value ETF in the 4th quarter worth about $39,000. Rogco LP purchased a new position in shares of Avantis International Small Cap Value ETF in the 4th quarter worth about $40,000. Sunbelt Securities Inc. boosted its stake in Avantis International Small Cap Value ETF by 1,739.1% in the 4th quarter. Sunbelt Securities Inc. now owns 423 shares of the company’s stock worth $40,000 after purchasing an additional 400 shares in the last quarter. Monetary Solutions Ltd bought a new position in Avantis International Small Cap Value ETF in the 4th quarter worth about $43,000. Finally, Sound Income Strategies LLC grew its position in Avantis International Small Cap Value ETF by 111.7% during the 1st quarter. Sound Income Strategies LLC now owns 436 shares of the company’s stock valued at $44,000 after purchasing an additional 230 shares during the last quarter.

Avantis International Small Cap Value ETF Price Performance

NYSEARCA AVDV traded up $0.35 during trading on Friday, reaching $110.86. The company’s stock had a trading volume of 1,104,622 shares, compared to its average volume of 829,542. The firm has a fifty day moving average of $105.40 and a 200 day moving average of $105.21. Avantis International Small Cap Value ETF has a one year low of $84.02 and a one year high of $111.31. The stock has a market capitalization of $20.03 billion, a PE ratio of 10.39 and a beta of 0.77.

About Avantis International Small Cap Value ETF

The Avantis International Small Cap Value ETF (AVDV) is an exchange-traded fund that is based on the MSCI World EX-U.S. Small Cap index. The fund is an actively-managed portfolio of non-US small-cap value companies in developed markets. AVDV was launched on Sep 24, 2019 and is managed by American Century Investments.