Short Interest in Avantis Responsible International Equity ETF (NYSEARCA:AVSD) Drops By 71.7%

Avantis Responsible International Equity ETF (NYSEARCA:AVSD) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 13,600 shares, a decrease of 71.7% from the June 15th total of 47,983 shares. Based on an average trading volume of 6,685 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.2% of the company’s shares are short sold.

Avantis Responsible International Equity ETF Stock Up 0.7%

Shares of AVSD stock traded up $0.57 during trading hours on Tuesday, hitting $80.28. 7,640 shares of the company were exchanged, compared to its average volume of 12,759. The firm has a fifty day moving average of $79.72 and a 200 day moving average of $77.88. Avantis Responsible International Equity ETF has a 1 year low of $66.27 and a 1 year high of $81.52. The firm has a market cap of $481.68 million, a PE ratio of 15.41 and a beta of 0.83.

Hedge Funds Weigh In On Avantis Responsible International Equity ETF

Large investors have recently bought and sold shares of the stock. Northwest & Ethical Investments L.P. purchased a new stake in shares of Avantis Responsible International Equity ETF during the 4th quarter valued at $147,139,000. Maseco LLP acquired a new position in Avantis Responsible International Equity ETF in the first quarter valued at $51,687,000. Trailhead Planners LLC acquired a new position in Avantis Responsible International Equity ETF in the fourth quarter valued at $5,972,000. Highland Financial Advisors LLC grew its position in Avantis Responsible International Equity ETF by 193.0% during the second quarter. Highland Financial Advisors LLC now owns 80,278 shares of the company’s stock valued at $6,413,000 after acquiring an additional 52,882 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its position in Avantis Responsible International Equity ETF by 1,023.0% during the third quarter. Mercer Global Advisors Inc. ADV now owns 46,897 shares of the company’s stock valued at $3,355,000 after acquiring an additional 42,721 shares during the period.

About Avantis Responsible International Equity ETF

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.