Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Short Interest Up 49.3% in December

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 98,552 shares, an increase of 49.3% from the December 15th total of 65,995 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 102,123 shares, the short-interest ratio is presently 1.0 days. Based on an average daily trading volume, of 102,123 shares, the short-interest ratio is presently 1.0 days. Approximately 0.3% of the company’s stock are sold short.

Institutional Trading of Avantis U.S. Small Cap Equity ETF

A number of hedge funds have recently made changes to their positions in AVSC. Retirement Financial Solutions LLC bought a new position in Avantis U.S. Small Cap Equity ETF during the third quarter valued at about $16,083,000. Northwest Wealth Management LLC increased its holdings in shares of Avantis U.S. Small Cap Equity ETF by 9.8% during the 3rd quarter. Northwest Wealth Management LLC now owns 116,123 shares of the company’s stock valued at $6,648,000 after acquiring an additional 10,370 shares during the last quarter. Atlas Wealth LLC increased its holdings in shares of Avantis U.S. Small Cap Equity ETF by 28.4% during the 2nd quarter. Atlas Wealth LLC now owns 21,430 shares of the company’s stock valued at $1,130,000 after acquiring an additional 4,734 shares during the last quarter. Focus Partners Advisor Solutions LLC raised its stake in shares of Avantis U.S. Small Cap Equity ETF by 22.2% in the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 123,199 shares of the company’s stock valued at $6,353,000 after acquiring an additional 22,347 shares in the last quarter. Finally, Creative Planning lifted its holdings in Avantis U.S. Small Cap Equity ETF by 271.3% in the 2nd quarter. Creative Planning now owns 617,070 shares of the company’s stock worth $31,822,000 after purchasing an additional 450,876 shares during the last quarter.

Avantis U.S. Small Cap Equity ETF Trading Up 1.2%

NYSEARCA:AVSC opened at $63.30 on Friday. The business’s fifty day moving average price is $58.99 and its 200 day moving average price is $56.89. The firm has a market capitalization of $2.29 billion, a price-to-earnings ratio of 14.03 and a beta of 1.10. Avantis U.S. Small Cap Equity ETF has a 1-year low of $41.58 and a 1-year high of $63.50.

Avantis U.S. Small Cap Equity ETF Company Profile

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.