Avantis Responsible International Equity ETF (NYSEARCA:AVSD) Sees Significant Drop in Short Interest

Avantis Responsible International Equity ETF (NYSEARCA:AVSD) was the target of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 6,801 shares, a decrease of 31.8% from the January 15th total of 9,969 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 22,559 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 22,559 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On Avantis Responsible International Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of AVSD. Northwest & Ethical Investments L.P. purchased a new stake in shares of Avantis Responsible International Equity ETF in the 4th quarter valued at $147,139,000. Trailhead Planners LLC bought a new position in shares of Avantis Responsible International Equity ETF during the fourth quarter valued at about $5,972,000. Mercer Global Advisors Inc. ADV increased its holdings in shares of Avantis Responsible International Equity ETF by 1,023.0% in the third quarter. Mercer Global Advisors Inc. ADV now owns 46,897 shares of the company’s stock worth $3,355,000 after buying an additional 42,721 shares during the period. Greenspring Advisors LLC bought a new stake in shares of Avantis Responsible International Equity ETF in the 4th quarter valued at about $2,367,000. Finally, HUB Investment Partners LLC purchased a new stake in Avantis Responsible International Equity ETF during the 2nd quarter valued at about $2,042,000.

Avantis Responsible International Equity ETF Trading Up 0.4%

Shares of NYSEARCA AVSD opened at $80.24 on Monday. The business has a 50-day moving average of $76.18 and a 200-day moving average of $72.82. The firm has a market capitalization of $449.34 million, a price-to-earnings ratio of 15.41 and a beta of 0.85. Avantis Responsible International Equity ETF has a 12 month low of $53.36 and a 12 month high of $80.98.

Avantis Responsible International Equity ETF Company Profile

The Avantis Responsible International Equity ETF (AVSD) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in companies of all market capitalizations in developed markets outside of the US. Holdings are screened for multiple ESG metrics and selected based on fundamental criteria AVSD was launched on Mar 15, 2022 and is managed by American Century Investments.