Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) Short Interest Up 65.3% in February

Avantis U.S. Small Cap Equity ETF (NYSEARCA:AVSC) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 112,673 shares, a growth of 65.3% from the February 12th total of 68,180 shares. Based on an average daily volume of 116,353 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.3% of the shares of the stock are short sold. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 116,353 shares, the days-to-cover ratio is presently 1.0 days.

Avantis U.S. Small Cap Equity ETF Trading Down 0.3%

Shares of Avantis U.S. Small Cap Equity ETF stock traded down $0.16 during midday trading on Friday, reaching $60.73. The company had a trading volume of 111,317 shares, compared to its average volume of 136,300. The stock has a fifty day simple moving average of $63.33 and a 200 day simple moving average of $59.74. Avantis U.S. Small Cap Equity ETF has a 1-year low of $41.58 and a 1-year high of $65.93. The company has a market capitalization of $2.22 billion, a price-to-earnings ratio of 14.03 and a beta of 1.10.

Institutional Investors Weigh In On Avantis U.S. Small Cap Equity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in AVSC. Mercer Global Advisors Inc. ADV boosted its holdings in Avantis U.S. Small Cap Equity ETF by 2.7% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 14,459,274 shares of the company’s stock worth $849,338,000 after buying an additional 378,725 shares during the last quarter. Mason Investment Advisory Services Inc. boosted its position in shares of Avantis U.S. Small Cap Equity ETF by 2.7% during the fourth quarter. Mason Investment Advisory Services Inc. now owns 3,607,787 shares of the company’s stock worth $211,921,000 after purchasing an additional 96,254 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Avantis U.S. Small Cap Equity ETF by 5.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,164,381 shares of the company’s stock worth $68,396,000 after purchasing an additional 56,697 shares in the last quarter. Wealth Management Nebraska grew its holdings in shares of Avantis U.S. Small Cap Equity ETF by 11.6% in the 4th quarter. Wealth Management Nebraska now owns 1,010,452 shares of the company’s stock valued at $59,354,000 after buying an additional 105,187 shares during the period. Finally, Cambridge Associates LLC MA ADV grew its holdings in shares of Avantis U.S. Small Cap Equity ETF by 10.2% in the 4th quarter. Cambridge Associates LLC MA ADV now owns 922,735 shares of the company’s stock valued at $54,201,000 after buying an additional 85,118 shares during the period.

About Avantis U.S. Small Cap Equity ETF

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.