Avantis All Equity Markets ETF (NYSEARCA:AVGE) Shares Shorted: Short Interest Down 50.8% in September

Avantis All Equity Markets ETF (NYSEARCA:AVGE) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 88,298 shares, a decrease of 50.8% from the August 31st total of 179,298 shares. Based on an average daily trading volume, of 90,288 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.7% of the shares of the company are short sold.

Hedge Funds Weigh In On Avantis All Equity Markets ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AVGE. Align Financial LLC acquired a new position in shares of Avantis All Equity Markets ETF in the 4th quarter valued at $333,337,000. GFG Capital LLC acquired a new position in shares of Avantis All Equity Markets ETF during the second quarter worth about $16,213,000. Greenspring Advisors LLC acquired a new position in Avantis All Equity Markets ETF during the 4th quarter worth approximately $14,972,000. BIP Wealth LLC increased its holdings in Avantis All Equity Markets ETF by 4.5% in the first quarter. BIP Wealth LLC now owns 108,447 shares of the company’s stock valued at $9,546,000 after buying an additional 4,651 shares during the last quarter. Finally, Sprinkle Financial Consultants LLC raised its holdings in Avantis All Equity Markets ETF by 1.1% during the second quarter. Sprinkle Financial Consultants LLC now owns 57,470 shares of the company’s stock worth $5,695,000 after purchasing an additional 641 shares in the last quarter.

Avantis All Equity Markets ETF Trading Up 0.2%

Shares of Avantis All Equity Markets ETF stock traded up $0.16 during trading hours on Thursday, reaching $98.50. The stock had a trading volume of 88,917 shares, compared to its average volume of 64,564. The stock’s 50 day moving average is $100.45 and its 200 day moving average is $97.20. Avantis All Equity Markets ETF has a twelve month low of $81.20 and a twelve month high of $102.81.

About Avantis All Equity Markets ETF

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.