Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Short Interest Down 43.5% in February

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) was the target of a significant decrease in short interest in February. As of February 27th, there was short interest totaling 537,619 shares, a decrease of 43.5% from the February 12th total of 950,943 shares. Based on an average daily volume of 740,504 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.3% of the company’s stock are short sold. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 740,504 shares, the days-to-cover ratio is currently 0.7 days.

Avantis International Small Cap Value ETF Price Performance

Shares of AVDV stock traded down $1.89 during trading on Thursday, reaching $100.84. The company’s stock had a trading volume of 483,845 shares, compared to its average volume of 818,797. Avantis International Small Cap Value ETF has a 1-year low of $60.74 and a 1-year high of $110.47. The stock’s 50-day moving average price is $102.93 and its 200 day moving average price is $94.36. The company has a market capitalization of $16.77 billion, a price-to-earnings ratio of 10.39 and a beta of 0.84.

Institutional Trading of Avantis International Small Cap Value ETF

Hedge funds have recently modified their holdings of the stock. First Horizon Advisors Inc. grew its stake in Avantis International Small Cap Value ETF by 61.4% during the 2nd quarter. First Horizon Advisors Inc. now owns 326 shares of the company’s stock worth $26,000 after purchasing an additional 124 shares in the last quarter. RHL Group LLC purchased a new position in shares of Avantis International Small Cap Value ETF in the 4th quarter valued at about $39,000. Rogco LP purchased a new position in shares of Avantis International Small Cap Value ETF in the 4th quarter valued at about $40,000. Sunbelt Securities Inc. grew its position in shares of Avantis International Small Cap Value ETF by 1,739.1% during the fourth quarter. Sunbelt Securities Inc. now owns 423 shares of the company’s stock worth $40,000 after buying an additional 400 shares in the last quarter. Finally, Corsicana & Co. acquired a new position in shares of Avantis International Small Cap Value ETF during the third quarter worth about $41,000.

About Avantis International Small Cap Value ETF

The Avantis International Small Cap Value ETF (AVDV) is an exchange-traded fund that is based on the MSCI World EX-U.S. Small Cap index. The fund is an actively-managed portfolio of non-US small-cap value companies in developed markets. AVDV was launched on Sep 24, 2019 and is managed by American Century Investments.