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

Avantis International Large Cap Value ETF (NYSEARCA:AVIV) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 159,679 shares, a growth of 55.5% from the November 30th total of 102,687 shares. Currently, 1.2% of the shares of the company are short sold. Based on an average daily trading volume, of 44,406 shares, the short-interest ratio is presently 3.6 days. Based on an average daily trading volume, of 44,406 shares, the short-interest ratio is presently 3.6 days. Currently, 1.2% of the shares of the company are short sold.

Avantis International Large Cap Value ETF Stock Performance

AVIV stock opened at $71.64 on Monday. The company’s 50-day simple moving average is $69.33 and its 200 day simple moving average is $66.37. Avantis International Large Cap Value ETF has a 52 week low of $49.84 and a 52 week high of $71.99. The company has a market capitalization of $959.98 million, a PE ratio of 93.04 and a beta of 0.77.

Institutional Investors Weigh In On Avantis International Large Cap Value ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC acquired a new stake in Avantis International Large Cap Value ETF during the second quarter worth approximately $40,000. Nemes Rush Group LLC lifted its position in shares of Avantis International Large Cap Value ETF by 21.2% during the 2nd quarter. Nemes Rush Group LLC now owns 4,078 shares of the company’s stock valued at $254,000 after acquiring an additional 712 shares during the period. Redmont Wealth Advisors LLC bought a new position in shares of Avantis International Large Cap Value ETF in the third quarter worth $1,164,000. Lam Group Inc. increased its position in shares of Avantis International Large Cap Value ETF by 7.9% in the second quarter. Lam Group Inc. now owns 20,100 shares of the company’s stock worth $1,251,000 after purchasing an additional 1,470 shares during the period. Finally, Flow Traders U.S. LLC acquired a new position in Avantis International Large Cap Value ETF in the third quarter valued at about $1,741,000. 53.08% of the stock is currently owned by institutional investors and hedge funds.

Avantis International Large Cap Value ETF Company Profile

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.