Avantis U.S. Equity ETF (NYSEARCA:AVUS) Short Interest Update

Avantis U.S. Equity ETF (NYSEARCA:AVUS) was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 185,428 shares, a decrease of 37.4% from the April 30th total of 296,439 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 290,275 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On Avantis U.S. Equity ETF

Several hedge funds have recently modified their holdings of AVUS. Godfrey Financial Associates Inc. bought a new position in Avantis U.S. Equity ETF in the fourth quarter worth $29,000. Brown Brothers Harriman & Co. bought a new position in Avantis U.S. Equity ETF in the fourth quarter worth $29,000. Monetary Solutions Ltd bought a new position in Avantis U.S. Equity ETF in the fourth quarter worth $39,000. Federation des caisses Desjardins du Quebec bought a new position in Avantis U.S. Equity ETF in the fourth quarter worth $39,000. Finally, EverSource Wealth Advisors LLC lifted its position in Avantis U.S. Equity ETF by 138.7% in the second quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock worth $36,000 after purchasing an additional 208 shares during the period.

Avantis U.S. Equity ETF Trading Up 0.6%

AVUS opened at $128.34 on Friday. Avantis U.S. Equity ETF has a 1-year low of $96.72 and a 1-year high of $128.62. The stock has a market capitalization of $12.82 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. The business has a 50 day moving average of $120.64 and a 200-day moving average of $116.02.

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.