Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Short Interest Up 79.0% in May

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) was the recipient of a significant increase in short interest in May. As of May 31st, there was short interest totalling 624,900 shares, an increase of 79.0% from the May 15th total of 349,200 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 558,200 shares, the short-interest ratio is presently 1.1 days.

Hedge Funds Weigh In On Avantis International Small Cap Value ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. JDM Financial Group LLC raised its stake in shares of Avantis International Small Cap Value ETF by 274.2% in the fourth quarter. JDM Financial Group LLC now owns 449 shares of the company’s stock worth $29,000 after acquiring an additional 329 shares during the last quarter. Operose Advisors LLC bought a new position in shares of Avantis International Small Cap Value ETF in the fourth quarter worth about $43,000. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Avantis International Small Cap Value ETF by 379.2% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 623 shares of the company’s stock worth $43,000 after acquiring an additional 493 shares during the last quarter. Cornerstone Planning Group LLC bought a new position in shares of Avantis International Small Cap Value ETF in the first quarter worth about $68,000. Finally, Salomon & Ludwin LLC bought a new position in shares of Avantis International Small Cap Value ETF in the first quarter worth about $76,000.

Avantis International Small Cap Value ETF Stock Down 0.7%

NYSEARCA:AVDV opened at $78.77 on Friday. The firm has a market cap of $9.27 billion, a PE ratio of 10.06 and a beta of 0.83. Avantis International Small Cap Value ETF has a 12 month low of $60.74 and a 12 month high of $79.45. The company’s 50-day moving average price is $73.67 and its two-hundred day moving average price is $69.52.

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.