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

by · The Cerbat Gem

Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC – Get Free Report) was the recipient of a large increase in short interest in the month of 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. Based on an average trading volume of 87,059 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.6% of the company’s shares are sold short.

Avantis U.S. Large Cap Equity ETF Stock Down 0.8%

Shares of AVLC stock traded down $0.72 during trading hours on Monday, hitting $90.62. 94,276 shares of the company’s stock traded hands, compared to its average volume of 67,864. The stock has a market cap of $1.50 billion, a PE ratio of 22.04 and a beta of 1.01. The stock’s 50 day simple moving average is $90.96 and its 200 day simple moving average is $87.31. Avantis U.S. Large Cap Equity ETF has a 12 month low of $74.45 and a 12 month high of $94.80.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Private Wealth Asset Management LLC bought a new position in shares of Avantis U.S. Large Cap Equity ETF during the fourth quarter worth about $2,220,000. Beaird Harris Wealth Management LLC increased its position in Avantis U.S. Large Cap Equity ETF by 10.2% during the 4th quarter. Beaird Harris Wealth Management LLC now owns 661,326 shares of the company’s stock valued at $51,993,000 after purchasing an additional 61,102 shares during the period. BFI Wealth Solutions LLC acquired a new stake in Avantis U.S. Large Cap Equity ETF during the 4th quarter valued at approximately $2,296,000. Endeavor Private Wealth Inc. bought a new position in Avantis U.S. Large Cap Equity ETF during the 4th quarter worth approximately $2,570,000. Finally, Prosperity Planning Inc. boosted its stake in shares of Avantis U.S. Large Cap Equity ETF by 5.3% in the 2nd quarter. Prosperity Planning Inc. now owns 151,352 shares of the company’s stock valued at $13,616,000 after purchasing an additional 7,662 shares during the last quarter.

Avantis U.S. Large Cap Equity ETF Company Profile

(Get Free Report)

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.

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