Avantis Moderate Allocation ETF (NYSEARCA:AVMA) Shares Shorted: Short Interest Down 75.8% in October

Avantis Moderate Allocation ETF (NYSEARCA:AVMA) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 1,273 shares, a decline of 75.8% from the September 30th total of 5,266 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 10,835 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Arlington Financial Advisors LLC increased its holdings in shares of Avantis Moderate Allocation ETF by 14.8% in the 3rd quarter. Arlington Financial Advisors LLC now owns 4,282 shares of the company’s stock valued at $307,000 after acquiring an additional 553 shares during the last quarter. Vawter Financial Ltd. lifted its stake in Avantis Moderate Allocation ETF by 4.5% during the first quarter. Vawter Financial Ltd. now owns 15,414 shares of the company’s stock worth $1,036,000 after purchasing an additional 657 shares during the last quarter. Diversify Advisory Services LLC boosted its holdings in Avantis Moderate Allocation ETF by 11.2% in the third quarter. Diversify Advisory Services LLC now owns 18,234 shares of the company’s stock valued at $1,320,000 after purchasing an additional 1,839 shares in the last quarter. Latitude Advisors LLC acquired a new position in Avantis Moderate Allocation ETF in the third quarter valued at approximately $152,000. Finally, Crosspoint Financial LLC boosted its holdings in Avantis Moderate Allocation ETF by 12.0% in the first quarter. Crosspoint Financial LLC now owns 21,170 shares of the company’s stock valued at $1,423,000 after purchasing an additional 2,260 shares in the last quarter.

Avantis Moderate Allocation ETF Trading Up 0.0%

NYSEARCA:AVMA traded up $0.03 during trading hours on Wednesday, hitting $72.41. The company’s stock had a trading volume of 9,116 shares, compared to its average volume of 7,111. The stock has a market capitalization of $94.13 million, a P/E ratio of 16.65 and a beta of 0.66. The stock has a fifty day moving average of $72.83 and a 200-day moving average of $71.26. Avantis Moderate Allocation ETF has a 52-week low of $64.07 and a 52-week high of $74.54.

About Avantis Moderate Allocation ETF

The Avantis Moderate Allocation ETF (AVMA) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an actively managed, asset allocation fund-of-funds that invests with moderate risk in a broad basket of equity and fixed income ETFs. AVMA was launched on Jun 27, 2023 and is managed by American Century Investments.