Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Short Interest Down 70.9% in May

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) was the recipient of a significant drop in short interest in May. As of May 15th, there was short interest totaling 284,685 shares, a drop of 70.9% from the April 30th total of 979,955 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 699,305 shares, the short-interest ratio is presently 0.4 days.

Avantis International Small Cap Value ETF Stock Down 0.1%

Shares of Avantis International Small Cap Value ETF stock opened at $109.60 on Friday. The firm has a market cap of $19.49 billion, a price-to-earnings ratio of 10.39 and a beta of 0.76. The business has a 50-day moving average price of $104.74 and a 200-day moving average price of $100.55. Avantis International Small Cap Value ETF has a twelve month low of $76.82 and a twelve month high of $110.86.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in AVDV. Parallel Advisors LLC lifted its holdings in shares of Avantis International Small Cap Value ETF by 3.1% in the 1st quarter. Parallel Advisors LLC now owns 3,332 shares of the company’s stock worth $333,000 after acquiring an additional 99 shares during the last quarter. Sound Income Strategies LLC boosted its stake in shares of Avantis International Small Cap Value ETF by 111.7% during the 1st quarter. Sound Income Strategies LLC now owns 436 shares of the company’s stock worth $44,000 after purchasing an additional 230 shares during the period. Dorsey & Whitney Trust CO LLC grew its holdings in Avantis International Small Cap Value ETF by 11.4% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 2,726 shares of the company’s stock valued at $256,000 after purchasing an additional 280 shares during the last quarter. Cornerstone Planning Group LLC raised its position in Avantis International Small Cap Value ETF by 68.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 933 shares of the company’s stock worth $84,000 after purchasing an additional 379 shares during the period. Finally, Sunbelt Securities Inc. lifted its stake in Avantis International Small Cap Value ETF by 1,739.1% in the fourth quarter. Sunbelt Securities Inc. now owns 423 shares of the company’s stock worth $40,000 after purchasing an additional 400 shares during the last quarter.

About Avantis International Small Cap Value ETF

The Avantis International Small Cap Value ETF (AVDV) is an exchange-traded fund that is based on the MSCI World EX-U.S. Small Cap index. The fund is an actively-managed portfolio of non-US small-cap value companies in developed markets. AVDV was launched on Sep 24, 2019 and is managed by American Century Investments.