Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) Short Interest Up 108.1% in August

Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 75,583 shares, a growth of 108.1% from the July 30th total of 36,323 shares. Based on an average daily volume of 20,869 shares, the days-to-cover ratio is presently 3.6 days. Approximately 1.8% of the shares of the stock are sold short.

Institutional Trading of Avantis International Small Cap Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of AVDS. True North Advisors LLC boosted its stake in shares of Avantis International Small Cap Equity ETF by 13,422.0% in the first quarter. True North Advisors LLC now owns 409,040 shares of the company’s stock worth $29,390,000 after buying an additional 406,015 shares during the last quarter. Cornerstone Wealth Partners LLC acquired a new stake in shares of Avantis International Small Cap Equity ETF during the 4th quarter worth approximately $4,835,000. Jane Street Group LLC increased its holdings in shares of Avantis International Small Cap Equity ETF by 230.7% during the 1st quarter. Jane Street Group LLC now owns 82,915 shares of the company’s stock valued at $4,502,000 after purchasing an additional 57,839 shares in the last quarter. Integrated Wealth Concepts LLC lifted its stake in shares of Avantis International Small Cap Equity ETF by 287.2% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 35,275 shares of the company’s stock valued at $2,383,000 after purchasing an additional 26,165 shares during the period. Finally, Evanson Financial LLC acquired a new position in shares of Avantis International Small Cap Equity ETF in the 2nd quarter valued at $1,299,000.

Avantis International Small Cap Equity ETF Stock Performance

NYSEARCA:AVDS opened at $80.59 on Friday. Avantis International Small Cap Equity ETF has a fifty-two week low of $64.61 and a fifty-two week high of $81.32. The stock’s fifty day moving average is $77.25 and its 200 day moving average is $76.60. The firm has a market capitalization of $338.48 million, a PE ratio of 13.68 and a beta of 0.72.

About Avantis International Small Cap Equity ETF

The Avantis International Small Cap Equity ETF (AVDS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap stocks outside the US. AVDS was launched on Jul 18, 2023 and is issued by American Century Investments.