Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Short Interest Update

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 100,648 shares, a decrease of 42.7% from the August 31st total of 175,624 shares. Based on an average daily volume of 105,490 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On Avantis U.S. Small Cap Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in AVSC. Lam Group Inc. boosted its holdings in Avantis U.S. Small Cap Equity ETF by 1.3% in the second quarter. Lam Group Inc. now owns 26,200 shares of the company’s stock valued at $1,922,000 after acquiring an additional 325 shares during the last quarter. Mendota Financial Group LLC boosted its stake in shares of Avantis U.S. Small Cap Equity ETF by 22.4% in the 2nd quarter. Mendota Financial Group LLC now owns 69,707 shares of the company’s stock valued at $5,112,000 after purchasing an additional 12,753 shares during the last quarter. Choice Wealth Advisors LLC grew its position in shares of Avantis U.S. Small Cap Equity ETF by 5.1% during the 2nd quarter. Choice Wealth Advisors LLC now owns 136,099 shares of the company’s stock worth $9,982,000 after buying an additional 6,630 shares during the period. Arista Wealth Management LLC bought a new stake in shares of Avantis U.S. Small Cap Equity ETF during the second quarter worth approximately $235,000. Finally, Sprinkle Financial Consultants LLC acquired a new position in Avantis U.S. Small Cap Equity ETF in the second quarter valued at approximately $392,000.

Avantis U.S. Small Cap Equity ETF Stock Down 0.0%

AVSC stock traded down $0.03 during trading on Wednesday, hitting $69.41. The company had a trading volume of 64,299 shares, compared to its average volume of 128,137. The firm has a 50-day moving average price of $72.58 and a 200-day moving average price of $69.53. Avantis U.S. Small Cap Equity ETF has a 12 month low of $54.31 and a 12 month high of $75.30. The stock has a market cap of $3.01 billion, a price-to-earnings ratio of 14.03 and a beta of 1.02.

About Avantis U.S. Small Cap Equity ETF

The Avantis U.S. Small Cap Equity ETF (AVSC) is an exchange-traded fund that is based on the Russell 2000 index. The fund is an actively-managed portfolio of US small-cap value companies selected based on fundamental criteria. AVSC was launched on Jan 11, 2022 and is managed by American Century Investments.