Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) Short Interest Update

Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 75,583 shares, an increase of 108.1% from the July 30th total of 36,323 shares. Approximately 1.8% of the shares of the company are sold short. Based on an average daily trading volume, of 20,869 shares, the days-to-cover ratio is presently 3.6 days.

Avantis International Small Cap Equity ETF Price Performance

Shares of NYSEARCA:AVDS traded down $0.54 during midday trading on Friday, hitting $80.59. The company had a trading volume of 21,486 shares, compared to its average volume of 29,321. The company has a fifty day moving average of $77.25 and a two-hundred day moving average of $76.60. Avantis International Small Cap Equity ETF has a 12-month low of $64.61 and a 12-month high of $81.32. The company has a market cap of $338.48 million, a price-to-earnings ratio of 13.68 and a beta of 0.72.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC bought a new position in shares of Avantis International Small Cap Equity ETF during the 4th quarter valued at about $98,000. Hardin Capital Partners LLC boosted its stake in shares of Avantis International Small Cap Equity ETF by 7.8% during the 2nd quarter. Hardin Capital Partners LLC now owns 3,109 shares of the company’s stock worth $234,000 after purchasing an additional 225 shares during the period. Tillman Hartley LLC grew its stake in shares of Avantis International Small Cap Equity ETF by 21.3% during the fourth quarter. Tillman Hartley LLC now owns 3,626 shares of the company’s stock valued at $253,000 after buying an additional 637 shares during the last quarter. B&D White Capital Company LLC purchased a new stake in Avantis International Small Cap Equity ETF in the fourth quarter worth $266,000. Finally, Factor Wealth Management LTD lifted its holdings in Avantis International Small Cap Equity ETF by 5.2% during the 1st quarter. Factor Wealth Management LTD now owns 3,938 shares of the company’s stock valued at $283,000 after buying an additional 195 shares in the last quarter.

About Avantis International Small Cap Equity ETF

The Avantis International Small Cap Equity ETF (AVDS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap stocks outside the US. AVDS was launched on Jul 18, 2023 and is issued by American Century Investments.