Avantis Moderate Allocation ETF (NYSEARCA:AVMA) Short Interest Update

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of AVMA. Diversify Wealth Management LLC boosted its stake in shares of Avantis Moderate Allocation ETF by 129.3% in the 1st quarter. Diversify Wealth Management LLC now owns 15,044 shares of the company’s stock valued at $1,060,000 after purchasing an additional 8,484 shares in the last quarter. OceanIQ Capital LLC purchased a new stake in Avantis Moderate Allocation ETF during the second quarter valued at about $523,000. Integrity Wealth Solutions LLC grew its stake in shares of Avantis Moderate Allocation ETF by 39.9% during the first quarter. Integrity Wealth Solutions LLC now owns 13,400 shares of the company’s stock valued at $901,000 after buying an additional 3,823 shares during the last quarter. Crosspoint Financial LLC grew 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 buying an additional 2,260 shares during the last quarter. Finally, Vawter Financial Ltd. increased its holdings 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 buying an additional 657 shares during the period.

Avantis Moderate Allocation ETF Price Performance

Shares of NYSEARCA:AVMA opened at $71.72 on Thursday. The company has a market cap of $93.24 million, a price-to-earnings ratio of 16.65 and a beta of 0.66. The firm has a fifty day moving average price of $73.24 and a two-hundred day moving average price of $71.83. Avantis Moderate Allocation ETF has a one year low of $63.92 and a one year high of $74.54.

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.