Avantis Real Estate ETF (NYSEARCA:AVRE) Short Interest Update

Avantis Real Estate ETF (NYSEARCA:AVRE) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 18,492 shares, a decline of 51.4% from the December 31st total of 38,015 shares. Based on an average trading volume of 62,688 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 62,688 shares, the days-to-cover ratio is presently 0.3 days.

Avantis Real Estate ETF Price Performance

Avantis Real Estate ETF stock opened at $44.27 on Thursday. The firm has a market capitalization of $690.61 million, a P/E ratio of 28.60 and a beta of 0.93. Avantis Real Estate ETF has a one year low of $37.71 and a one year high of $45.43. The business has a fifty day moving average price of $43.98 and a 200-day moving average price of $44.25.

Institutional Investors Weigh In On Avantis Real Estate ETF

Several hedge funds and other institutional investors have recently modified their holdings of AVRE. Burk Holdings LLC bought a new stake in Avantis Real Estate ETF during the second quarter valued at approximately $2,752,000. BLVD Private Wealth LLC purchased a new stake in shares of Avantis Real Estate ETF during the 2nd quarter valued at $1,725,000. Fifth Third Securities Inc. bought a new stake in shares of Avantis Real Estate ETF during the 3rd quarter worth $576,000. American Century Companies Inc. grew its position in Avantis Real Estate ETF by 7.2% in the second quarter. American Century Companies Inc. now owns 347,779 shares of the company’s stock worth $15,358,000 after acquiring an additional 23,492 shares in the last quarter. Finally, Quantum Financial Advisors LLC increased its stake in Avantis Real Estate ETF by 6.1% in the third quarter. Quantum Financial Advisors LLC now owns 384,991 shares of the company’s stock valued at $17,124,000 after acquiring an additional 22,192 shares during the last quarter.

Avantis Real Estate ETF Company Profile

The Avantis Real Estate ETF (AVRE) is an exchange-traded fund that is based on the S&P Global REIT index. The fund is an actively managed fund that provides broad exposure to real estate securities around the world. AVRE was launched on Sep 28, 2021 and is managed by American Century Investments.