Avantis Moderate Allocation ETF (NYSEARCA:AVMA) Sees Large Increase in Short Interest

Avantis Moderate Allocation ETF (NYSEARCA:AVMA) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 4,397 shares, a growth of 88.8% from the December 15th total of 2,329 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 7,342 shares, the short-interest ratio is currently 0.6 days. Based on an average daily trading volume, of 7,342 shares, the short-interest ratio is currently 0.6 days. Currently, 0.5% of the company’s stock are short sold.

Avantis Moderate Allocation ETF Trading Down 0.1%

NYSEARCA:AVMA traded down $0.05 on Friday, hitting $68.08. 2,289 shares of the company’s stock traded hands, compared to its average volume of 1,881. The company has a market cap of $54.46 million, a PE ratio of 16.65 and a beta of 0.71. Avantis Moderate Allocation ETF has a 1 year low of $52.83 and a 1 year high of $68.28. The firm has a 50-day moving average price of $66.47 and a 200-day moving average price of $64.78.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Advisory Services Network LLC bought a new stake in Avantis Moderate Allocation ETF during the 3rd quarter worth about $139,000. Keystone Financial Group Inc. bought a new stake in shares of Avantis Moderate Allocation ETF during the third quarter valued at approximately $164,000. Arlington Financial Advisors LLC bought a new stake in shares of Avantis Moderate Allocation ETF during the second quarter valued at approximately $204,000. Susquehanna International Group LLP acquired a new stake in shares of Avantis Moderate Allocation ETF in the third quarter valued at approximately $414,000. Finally, Diversify Wealth Management LLC increased its holdings in shares of Avantis Moderate Allocation ETF by 3.5% in the third quarter. Diversify Wealth Management LLC now owns 6,711 shares of the company’s stock valued at $440,000 after purchasing an additional 227 shares in the last quarter.

Avantis Moderate Allocation ETF Company Profile

The Avantis Moderate Allocation ETF (AVMA) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an actively managed, asset allocation fund-of-funds that invests with moderate risk in a broad basket of equity and fixed income ETFs. AVMA was launched on Jun 27, 2023 and is managed by American Century Investments.