Avantis All Equity Markets ETF (NYSEARCA:AVGE) Stock Short Interest Declines 35.5%

Avantis All Equity Markets ETF (NYSEARCA:AVGE) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 105,260 shares, a decrease of 35.5% from the September 30th total of 163,188 shares. Based on an average daily trading volume, of 79,995 shares, the short-interest ratio is presently 1.3 days. Approximately 0.8% of the shares of the company are sold short.

Avantis All Equity Markets ETF Trading Up 0.0%

Shares of AVGE stock traded up $0.03 during midday trading on Tuesday, hitting $98.34. The company had a trading volume of 43,835 shares, compared to its average volume of 65,632. The company’s 50 day simple moving average is $99.80 and its 200 day simple moving average is $96.21. Avantis All Equity Markets ETF has a 52-week low of $81.33 and a 52-week high of $102.81.

Hedge Funds Weigh In On Avantis All Equity Markets ETF

A number of institutional investors and hedge funds have recently made changes to their positions in AVGE. Continuum Advisory LLC acquired a new stake in shares of Avantis All Equity Markets ETF in the 2nd quarter worth approximately $42,000. Elevation Wealth Partners LLC purchased a new position in Avantis All Equity Markets ETF in the 2nd quarter valued at approximately $87,000. Fiduciary Advisors Inc. raised its holdings in Avantis All Equity Markets ETF by 572.7% during the third quarter. Fiduciary Advisors Inc. now owns 1,036 shares of the company’s stock worth $102,000 after purchasing an additional 882 shares during the last quarter. Team Financial Group LLC acquired a new position in Avantis All Equity Markets ETF during the third quarter worth $112,000. Finally, Orion Capital Management LLC raised its holdings in Avantis All Equity Markets ETF by 8.7% during the second quarter. Orion Capital Management LLC now owns 1,293 shares of the company’s stock worth $128,000 after purchasing an additional 103 shares during the last quarter.

Avantis All Equity Markets ETF Company Profile

The Avantis All Equity Markets ETF (AVGE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that seeks long-term capital appreciation through investments in equity portfolios holding a wide variety of securities with higher expected returns. AVGE was launched on Sep 27, 2022 and is managed by American Century Investments.