Avantis U.S. Equity ETF (NYSEARCA:AVUS) Stock Short Interest Declines 45.8%

Avantis U.S. Equity ETF (NYSEARCA:AVUS) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 184,603 shares, a decline of 45.8% from the August 31st total of 340,841 shares. Based on an average daily volume of 293,845 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Monetary Solutions Ltd bought a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter valued at approximately $39,000. Anchor Investment Management LLC bought a new position in Avantis U.S. Equity ETF in the 2nd quarter valued at approximately $53,000. Harbor Asset Planning Inc. lifted its stake in Avantis U.S. Equity ETF by 150.2% in the 1st quarter. Harbor Asset Planning Inc. now owns 713 shares of the company’s stock valued at $79,000 after purchasing an additional 428 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in Avantis U.S. Equity ETF by 40.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 754 shares of the company’s stock valued at $84,000 after buying an additional 219 shares in the last quarter. Finally, Western Wealth Management LLC acquired a new stake in Avantis U.S. Equity ETF in the first quarter valued at approximately $84,000.

Avantis U.S. Equity ETF Stock Up 0.0%

Shares of AVUS stock traded up $0.04 during trading hours on Wednesday, reaching $128.59. The company’s stock had a trading volume of 177,528 shares, compared to its average volume of 316,717. Avantis U.S. Equity ETF has a fifty-two week low of $105.72 and a fifty-two week high of $132.81. The firm’s 50 day simple moving average is $129.66 and its 200-day simple moving average is $124.74. The company has a market capitalization of $14.45 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99.

Avantis U.S. Equity ETF Company Profile

The Avantis U.S. Equity ETF (AVUS) is an exchange-traded fund that is based on the Russell 3000 index. The fund is an actively managed portfolio of US equities of all market capitalizations, with a bias toward smaller, more profitable or value companies. AVUS was launched on Sep 24, 2019 and is managed by American Century Investments.