Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Short Interest Down 38.5% in January

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 131,987 shares, a drop of 38.5% from the December 31st total of 214,613 shares. Based on an average trading volume of 434,203 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 434,203 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in AVLV. Advantage Trust Co boosted its stake in shares of Avantis U.S. Large Cap Value ETF by 33.7% during the 4th quarter. Advantage Trust Co now owns 204,534 shares of the company’s stock worth $15,498,000 after acquiring an additional 51,604 shares in the last quarter. White Pine Investment CO raised its holdings in Avantis U.S. Large Cap Value ETF by 1.7% during the fourth quarter. White Pine Investment CO now owns 82,516 shares of the company’s stock worth $6,252,000 after purchasing an additional 1,355 shares during the last quarter. Frankly Finances LLC purchased a new stake in Avantis U.S. Large Cap Value ETF during the fourth quarter worth $3,354,000. Nations Financial Group Inc. IA ADV boosted its position in Avantis U.S. Large Cap Value ETF by 10.6% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 117,981 shares of the company’s stock worth $8,939,000 after purchasing an additional 11,293 shares in the last quarter. Finally, Lam Group Inc. grew its holdings in Avantis U.S. Large Cap Value ETF by 31.3% in the fourth quarter. Lam Group Inc. now owns 12,295 shares of the company’s stock valued at $932,000 after purchasing an additional 2,930 shares during the last quarter.

Avantis U.S. Large Cap Value ETF Stock Up 1.2%

NYSEARCA:AVLV opened at $81.48 on Friday. The firm’s fifty day simple moving average is $76.87 and its 200-day simple moving average is $73.30. The stock has a market cap of $10.03 billion, a PE ratio of 15.70 and a beta of 0.99. Avantis U.S. Large Cap Value ETF has a fifty-two week low of $55.67 and a fifty-two week high of $81.81.

Avantis U.S. Large Cap Value ETF Company Profile

The Avantis U.S. Large Cap Value ETF (AVLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap value companies selected based on fundamental criteria. AVLV was launched on Sep 21, 2021 and is managed by American Century Investments.