Avantis Moderate Allocation ETF (NYSEARCA:AVMA) Stock Short Interest Falls 35.5%

Avantis Moderate Allocation ETF (NYSEARCA:AVMA) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 4,928 shares, a drop of 35.5% from the August 31st total of 7,638 shares. Based on an average daily volume of 12,141 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Investors Weigh In On Avantis Moderate Allocation ETF

A number of large investors have recently added to or reduced their stakes in the company. Crosspoint Financial LLC raised its stake in shares of Avantis Moderate Allocation ETF by 12.0% during the first quarter. Crosspoint Financial LLC now owns 21,170 shares of the company’s stock valued at $1,423,000 after acquiring an additional 2,260 shares during the last quarter. Diversify Wealth Management LLC boosted its holdings in shares of Avantis Moderate Allocation ETF by 129.3% during the first quarter. Diversify Wealth Management LLC now owns 15,044 shares of the company’s stock worth $1,060,000 after purchasing an additional 8,484 shares during the period. Vawter Financial Ltd. grew its stake in shares of Avantis Moderate Allocation ETF by 4.5% in 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. Integrity Wealth Solutions LLC grew its stake in shares of Avantis Moderate Allocation ETF by 39.9% in the first quarter. Integrity Wealth Solutions LLC now owns 13,400 shares of the company’s stock worth $901,000 after purchasing an additional 3,823 shares during the last quarter. Finally, OceanIQ Capital LLC purchased a new position in Avantis Moderate Allocation ETF during the 2nd quarter valued at about $523,000.

Avantis Moderate Allocation ETF Stock Down 0.3%

Shares of NYSEARCA AVMA opened at $71.72 on Thursday. Avantis Moderate Allocation ETF has a 52 week low of $63.92 and a 52 week high of $74.54. The firm’s fifty day moving average is $73.24 and its 200 day moving average is $71.83. The company has a market cap of $93.24 million, a price-to-earnings ratio of 16.65 and a beta of 0.66.

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.