Avantis International Large Cap Value ETF (NYSEARCA:AVIV) Short Interest Down 17.4% in March

Avantis International Large Cap Value ETF (NYSEARCA:AVIV) was the target of a large decline in short interest in March. As of March 13th, there was short interest totaling 246,277 shares, a decline of 17.4% from the February 26th total of 298,200 shares. Currently, 1.7% of the company’s stock are short sold. Based on an average trading volume of 94,637 shares, the days-to-cover ratio is currently 2.6 days.

Avantis International Large Cap Value ETF Stock Performance

AVIV stock opened at $72.43 on Monday. Avantis International Large Cap Value ETF has a fifty-two week low of $49.84 and a fifty-two week high of $80.80. The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of 94.06 and a beta of 0.77. The business’s 50 day moving average price is $76.42 and its two-hundred day moving average price is $71.79.

Institutional Investors Weigh In On Avantis International Large Cap Value ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Nemes Rush Group LLC raised its holdings in Avantis International Large Cap Value ETF by 24.1% in the fourth quarter. Nemes Rush Group LLC now owns 5,144 shares of the company’s stock worth $366,000 after purchasing an additional 999 shares in the last quarter. Private Wealth Asset Management LLC bought a new stake in shares of Avantis International Large Cap Value ETF during the 4th quarter valued at $1,188,000. SOL Capital Management CO grew its position in shares of Avantis International Large Cap Value ETF by 1.6% in the 4th quarter. SOL Capital Management CO now owns 8,505 shares of the company’s stock worth $606,000 after buying an additional 135 shares during the period. Rogco LP purchased a new stake in shares of Avantis International Large Cap Value ETF in the 4th quarter worth about $27,000. Finally, Frankly Finances LLC bought a new position in shares of Avantis International Large Cap Value ETF in the 4th quarter worth about $3,752,000. 53.08% of the stock is owned by hedge funds and other institutional investors.

About Avantis International Large Cap Value ETF

The Avantis International Large Cap Value ETF (AVIV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund primarily investing in non-US developed market equities with lower prices relative to their book values. AVIV was launched on Sep 28, 2021 and is managed by American Century Investments.