Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) Short Interest Down 38.7% in June

Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 241,977 shares, a drop of 38.7% from the May 31st total of 394,883 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 1,052,426 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Avantis U.S. Large Cap Value ETF

Hedge funds have recently made changes to their positions in the company. Fortitude Family Office LLC lifted its position in shares of Avantis U.S. Large Cap Value ETF by 20.9% during the 4th quarter. Fortitude Family Office LLC now owns 118,737 shares of the company’s stock valued at $8,997,000 after buying an additional 20,497 shares during the last quarter. Flagship Harbor Advisors LLC increased its holdings in Avantis U.S. Large Cap Value ETF by 13.1% in the 4th quarter. Flagship Harbor Advisors LLC now owns 54,710 shares of the company’s stock worth $4,145,000 after acquiring an additional 6,342 shares during the last quarter. Vicus Capital increased its holdings in Avantis U.S. Large Cap Value ETF by 147.2% in the 4th quarter. Vicus Capital now owns 12,189 shares of the company’s stock worth $924,000 after acquiring an additional 7,259 shares during the last quarter. Frankly Finances LLC bought a new stake in Avantis U.S. Large Cap Value ETF in the 4th quarter valued at about $3,354,000. Finally, Nixon Peabody Trust Co. raised its stake in Avantis U.S. Large Cap Value ETF by 1.7% in the 4th quarter. Nixon Peabody Trust Co. now owns 1,006,324 shares of the company’s stock valued at $76,249,000 after acquiring an additional 16,877 shares during the period.

Avantis U.S. Large Cap Value ETF Stock Performance

Avantis U.S. Large Cap Value ETF stock opened at $90.83 on Friday. Avantis U.S. Large Cap Value ETF has a 12 month low of $67.88 and a 12 month high of $92.46. The business’s 50 day simple moving average is $89.42 and its 200 day simple moving average is $83.79. The company has a market cap of $15.18 billion, a price-to-earnings ratio of 15.70 and a beta of 0.94.

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.