Short Interest in Avantis International Equity ETF (NYSEARCA:AVDE) Rises By 220.4%

Avantis International Equity ETF (NYSEARCA:AVDE) was the target of a large increase in short interest in December. As of December 15th, there was short interest totaling 1,360,654 shares, an increase of 220.4% from the November 30th total of 424,609 shares. Based on an average trading volume of 838,895 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.0% of the company’s stock are short sold. Currently, 1.0% of the company’s stock are short sold. Based on an average trading volume of 838,895 shares, the days-to-cover ratio is presently 1.6 days.

Avantis International Equity ETF Stock Up 0.1%

AVDE stock opened at $82.81 on Friday. The stock’s 50 day moving average is $80.39 and its 200-day moving average is $77.63. Avantis International Equity ETF has a twelve month low of $58.56 and a twelve month high of $82.86. The firm has a market capitalization of $10.81 billion, a PE ratio of 14.71 and a beta of 0.84.

Institutional Trading of Avantis International Equity ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Financial Futures Ltd Liability Co. lifted its stake in Avantis International Equity ETF by 0.9% in the third quarter. Financial Futures Ltd Liability Co. now owns 13,631 shares of the company’s stock worth $1,075,000 after purchasing an additional 125 shares during the last quarter. Aire Advisors LLC increased its holdings in shares of Avantis International Equity ETF by 0.4% in the second quarter. Aire Advisors LLC now owns 37,579 shares of the company’s stock worth $2,781,000 after buying an additional 143 shares during the period. IFP Advisors Inc lifted its stake in shares of Avantis International Equity ETF by 10.6% in the 3rd quarter. IFP Advisors Inc now owns 1,591 shares of the company’s stock valued at $126,000 after acquiring an additional 152 shares during the last quarter. Clune & Associates LTD. lifted its stake in shares of Avantis International Equity ETF by 0.5% in the 3rd quarter. Clune & Associates LTD. now owns 29,472 shares of the company’s stock valued at $2,325,000 after acquiring an additional 156 shares during the last quarter. Finally, USAdvisors Wealth Management LLC boosted its holdings in Avantis International Equity ETF by 1.1% during the 2nd quarter. USAdvisors Wealth Management LLC now owns 15,390 shares of the company’s stock valued at $1,139,000 after acquiring an additional 166 shares during the period.

Avantis International Equity ETF Company Profile

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.