Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) Shares Shorted: Short Interest Up 156.1% in September

Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 102,661 shares, an increase of 156.1% from the August 31st total of 40,083 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily volume of 87,059 shares, the short-interest ratio is currently 1.2 days.

Institutional Trading of Avantis U.S. Large Cap Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Acorn Wealth Advisors LLC bought a new stake in Avantis U.S. Large Cap Equity ETF during the second quarter worth about $204,000. Team Financial Group LLC bought a new position in Avantis U.S. Large Cap Equity ETF in the first quarter valued at approximately $234,000. Diversify Wealth Management LLC bought a new position in Avantis U.S. Large Cap Equity ETF in the first quarter valued at approximately $236,000. Mosaic Family Wealth Partners LLC bought a new position in Avantis U.S. Large Cap Equity ETF in the first quarter valued at approximately $254,000. Finally, Private Advisor Group LLC acquired a new position in shares of Avantis U.S. Large Cap Equity ETF during the 1st quarter worth approximately $273,000.

Avantis U.S. Large Cap Equity ETF Price Performance

Shares of AVLC traded up $0.43 during mid-day trading on Friday, hitting $91.34. 64,839 shares of the company’s stock were exchanged, compared to its average volume of 67,699. Avantis U.S. Large Cap Equity ETF has a 52 week low of $74.45 and a 52 week high of $94.80. The company has a market cap of $1.51 billion, a PE ratio of 22.04 and a beta of 1.01. The company has a 50-day simple moving average of $90.96 and a 200 day simple moving average of $87.26.

Avantis U.S. Large Cap Equity ETF Company Profile

The Avantis U.S. Large Cap Equity ETF (AVLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in US large-cap stocks of companies perceived to have high-growth characteristics and attractive valuations. The fund aims for long-term capital appreciation AVLC was launched on Sep 26, 2023 and is issued by American Century Investments.