Short Interest in Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) Declines By 58.5%

Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 28,463 shares, a drop of 58.5% from the June 30th total of 68,545 shares. Based on an average trading volume of 48,608 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.7% of the shares of the stock are short sold.

Hedge Funds Weigh In On Avantis International Small Cap Equity ETF

Hedge funds have recently modified their holdings of the company. Factor Wealth Management LTD raised its stake in shares of Avantis International Small Cap Equity ETF by 5.2% in the 1st quarter. Factor Wealth Management LTD now owns 3,938 shares of the company’s stock worth $283,000 after buying an additional 195 shares in the last quarter. Plancorp LLC boosted its stake in Avantis International Small Cap Equity ETF by 1.4% during the fourth quarter. Plancorp LLC now owns 14,990 shares of the company’s stock valued at $1,046,000 after buying an additional 200 shares in the last quarter. Hardin Capital Partners LLC boosted its stake in Avantis International Small Cap Equity ETF by 7.8% during the second quarter. Hardin Capital Partners LLC now owns 3,109 shares of the company’s stock valued at $234,000 after buying an additional 225 shares in the last quarter. Kelman Lazarov Inc. grew its holdings in Avantis International Small Cap Equity ETF by 0.7% during the fourth quarter. Kelman Lazarov Inc. now owns 49,472 shares of the company’s stock worth $3,454,000 after acquiring an additional 324 shares during the period. Finally, Breakwater Capital Group grew its holdings in Avantis International Small Cap Equity ETF by 5.9% during the first quarter. Breakwater Capital Group now owns 8,284 shares of the company’s stock worth $595,000 after acquiring an additional 460 shares during the period.

Avantis International Small Cap Equity ETF Price Performance

Shares of NYSEARCA:AVDS opened at $75.55 on Monday. The stock has a market cap of $317.31 million, a price-to-earnings ratio of 13.68 and a beta of 0.73. Avantis International Small Cap Equity ETF has a 12 month low of $62.09 and a 12 month high of $80.21. The stock’s 50 day moving average price is $76.62 and its 200 day moving average price is $75.75.

Avantis International Small Cap Equity ETF Company Profile

The Avantis International Small Cap Equity ETF (AVDS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap stocks outside the US. AVDS was launched on Jul 18, 2023 and is issued by American Century Investments.