Short Interest in Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Increases By 58.9%

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) was the target of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 720,856 shares, a growth of 58.9% from the January 15th total of 453,646 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 882,775 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily trading volume, of 882,775 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Trading of Avantis International Small Cap Value ETF

Several hedge funds and other institutional investors have recently made changes to their positions in AVDV. Wilkerson Advisory Group LLC acquired a new position in Avantis International Small Cap Value ETF during the fourth quarter worth about $430,000. Cloud Capital Management LLC boosted its stake in shares of Avantis International Small Cap Value ETF by 22.1% during the 4th quarter. Cloud Capital Management LLC now owns 27,697 shares of the company’s stock worth $2,602,000 after acquiring an additional 5,020 shares in the last quarter. Brown Brothers Harriman & Co. boosted its stake in shares of Avantis International Small Cap Value ETF by 7,500.0% during the 4th quarter. Brown Brothers Harriman & Co. now owns 6,080 shares of the company’s stock worth $571,000 after acquiring an additional 6,000 shares in the last quarter. Dorsey & Whitney Trust CO LLC boosted its stake in shares of Avantis International Small Cap Value ETF by 11.4% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 2,726 shares of the company’s stock worth $256,000 after acquiring an additional 280 shares in the last quarter. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of Avantis International Small Cap Value ETF in the 4th quarter worth approximately $464,000.

Avantis International Small Cap Value ETF Stock Up 0.3%

AVDV stock traded up $0.34 on Friday, reaching $107.66. 805,076 shares of the company’s stock were exchanged, compared to its average volume of 839,009. The stock has a fifty day moving average of $98.18 and a 200-day moving average of $91.31. The firm has a market cap of $17.90 billion, a PE ratio of 10.39 and a beta of 0.84. Avantis International Small Cap Value ETF has a twelve month low of $60.74 and a twelve month high of $108.86.

About Avantis International Small Cap Value ETF

The Avantis International Small Cap Value ETF (AVDV) is an exchange-traded fund that is based on the MSCI World EX-U.S. Small Cap index. The fund is an actively-managed portfolio of non-US small-cap value companies in developed markets. AVDV was launched on Sep 24, 2019 and is managed by American Century Investments.