Avantis Real Estate ETF (NYSEARCA:AVRE) Short Interest Update

Avantis Real Estate ETF (NYSEARCA:AVRE) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 27,744 shares, an increase of 33.6% from the November 30th total of 20,761 shares. Based on an average daily trading volume, of 48,602 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 48,602 shares, the days-to-cover ratio is presently 0.6 days.

Avantis Real Estate ETF Stock Performance

Shares of NYSEARCA AVRE traded down $0.35 during trading on Wednesday, reaching $43.53. The company had a trading volume of 109,516 shares, compared to its average volume of 52,572. Avantis Real Estate ETF has a 52 week low of $37.71 and a 52 week high of $45.43. The business’s 50 day moving average price is $44.01 and its 200-day moving average price is $44.26. The stock has a market cap of $652.95 million, a PE ratio of 28.60 and a beta of 0.93.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Empowered Funds LLC boosted its stake in Avantis Real Estate ETF by 1.1% in the first quarter. Empowered Funds LLC now owns 1,201,130 shares of the company’s stock valued at $51,661,000 after acquiring an additional 13,336 shares during the last quarter. Focus Partners Advisor Solutions LLC boosted its position in shares of Avantis Real Estate ETF by 96.8% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 634,648 shares of the company’s stock worth $28,190,000 after purchasing an additional 312,084 shares during the last quarter. Nicolet Advisory Services LLC grew its stake in shares of Avantis Real Estate ETF by 46.7% during the third quarter. Nicolet Advisory Services LLC now owns 478,625 shares of the company’s stock worth $21,103,000 after purchasing an additional 152,261 shares during the period. Quantum Financial Advisors LLC increased its holdings in Avantis Real Estate ETF by 6.1% in the third quarter. Quantum Financial Advisors LLC now owns 384,991 shares of the company’s stock valued at $17,124,000 after purchasing an additional 22,192 shares during the last quarter. Finally, American Century Companies Inc. increased its holdings in Avantis Real Estate ETF by 7.1% in the third quarter. American Century Companies Inc. now owns 372,599 shares of the company’s stock valued at $16,573,000 after purchasing an additional 24,820 shares during the last quarter.

Avantis Real Estate ETF Company Profile

The Avantis Real Estate ETF (AVRE) is an exchange-traded fund that is based on the S&P Global REIT index. The fund is an actively managed fund that provides broad exposure to real estate securities around the world. AVRE was launched on Sep 28, 2021 and is managed by American Century Investments.