Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU) Short Interest Update

Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 11,477 shares, an increase of 66.9% from the February 26th total of 6,876 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 22,168 shares, the days-to-cover ratio is currently 0.5 days.

Avantis Responsible U.S. Equity ETF Stock Performance

Shares of AVSU stock traded down $1.26 on Friday, hitting $72.05. 13,829 shares of the company’s stock traded hands, compared to its average volume of 21,467. Avantis Responsible U.S. Equity ETF has a one year low of $54.53 and a one year high of $80.04. The company’s fifty day simple moving average is $77.53 and its 200 day simple moving average is $75.85. The stock has a market capitalization of $410.69 million, a price-to-earnings ratio of 20.35 and a beta of 1.05.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of AVSU. Focus Partners Wealth increased its holdings in shares of Avantis Responsible U.S. Equity ETF by 4.2% in the third quarter. Focus Partners Wealth now owns 358,248 shares of the company’s stock worth $26,356,000 after buying an additional 14,402 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in Avantis Responsible U.S. Equity ETF by 6.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 153,639 shares of the company’s stock valued at $12,025,000 after acquiring an additional 8,812 shares during the period. Mercer Global Advisors Inc. ADV grew its position in Avantis Responsible U.S. Equity ETF by 21.6% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 153,236 shares of the company’s stock worth $11,692,000 after acquiring an additional 27,184 shares during the last quarter. Highland Financial Advisors LLC grew its position in Avantis Responsible U.S. Equity ETF by 1.0% during the 4th quarter. Highland Financial Advisors LLC now owns 136,746 shares of the company’s stock worth $10,434,000 after acquiring an additional 1,302 shares during the last quarter. Finally, LPL Financial LLC increased its stake in Avantis Responsible U.S. Equity ETF by 1.4% in the 4th quarter. LPL Financial LLC now owns 134,917 shares of the company’s stock worth $10,294,000 after purchasing an additional 1,875 shares during the period.

About Avantis Responsible U.S. Equity ETF

The Avantis Responsible U.S. Equity ETF (AVSU) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in US companies of all market capitalizations. Holdings are screened for multiple ESG metrics and selected based on fundamental criteria AVSU was launched on Mar 15, 2022 and is managed by American Century Investments.