Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Sees Significant Increase in Short Interest

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 268,834 shares, an increase of 236.2% from the January 29th total of 79,962 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 592,990 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 592,990 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On Avantis U.S. Large Cap Value ETF

Several institutional investors and hedge funds have recently made changes to their positions in AVLV. ESL Trust Services LLC increased its position in shares of Avantis U.S. Large Cap Value ETF by 1,372.2% in the 4th quarter. ESL Trust Services LLC now owns 821,432 shares of the company’s stock valued at $62,240,000 after buying an additional 765,634 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Avantis U.S. Large Cap Value ETF by 16.8% in the third quarter. Ameriprise Financial Inc. now owns 3,568,058 shares of the company’s stock worth $257,768,000 after acquiring an additional 513,695 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of Avantis U.S. Large Cap Value ETF by 190.0% during the fourth quarter. Farther Finance Advisors LLC now owns 668,964 shares of the company’s stock worth $50,687,000 after purchasing an additional 438,265 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Avantis U.S. Large Cap Value ETF by 58.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 423,936 shares of the company’s stock valued at $28,917,000 after purchasing an additional 155,562 shares in the last quarter. Finally, Advantage Trust Co boosted its holdings in shares of Avantis U.S. Large Cap Value ETF by 33.7% in the fourth quarter. Advantage Trust Co now owns 204,534 shares of the company’s stock valued at $15,498,000 after buying an additional 51,604 shares during the period.

Avantis U.S. Large Cap Value ETF Stock Down 0.4%

NYSEARCA AVLV traded down $0.37 on Thursday, reaching $83.82. The company had a trading volume of 97,629 shares, compared to its average volume of 528,261. The stock’s 50 day moving average is $80.03 and its 200-day moving average is $75.16. The stock has a market cap of $10.34 billion, a price-to-earnings ratio of 15.70 and a beta of 0.99. Avantis U.S. Large Cap Value ETF has a 52 week low of $55.67 and a 52 week high of $84.74.

About Avantis U.S. Large Cap Value ETF

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.