Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU) Short Interest Up 1,608.6% in May

by · The Cerbat Gem

Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU – Get Free Report) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 5,160 shares, a growth of 1,608.6% from the April 30th total of 302 shares. Based on an average daily volume of 8,931 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the shares of the company are sold short.

Avantis Responsible U.S. Equity ETF Price Performance

NYSEARCA AVSU traded up $0.01 on Wednesday, hitting $86.68. 10,738 shares of the company’s stock were exchanged, compared to its average volume of 17,374. The firm’s 50-day moving average price is $79.96 and its two-hundred day moving average price is $78.04. Avantis Responsible U.S. Equity ETF has a fifty-two week low of $64.95 and a fifty-two week high of $86.93. The firm has a market cap of $459.40 million, a price-to-earnings ratio of 20.35 and a beta of 1.05.

Hedge Funds Weigh In On Avantis Responsible U.S. Equity ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Asset Dedication LLC increased its position in Avantis Responsible U.S. Equity ETF by 31.6% during the 4th quarter. Asset Dedication LLC now owns 541 shares of the company’s stock worth $41,000 after purchasing an additional 130 shares during the period. True Wealth Design LLC increased its position in Avantis Responsible U.S. Equity ETF by 7.3% during the 4th quarter. True Wealth Design LLC now owns 2,209 shares of the company’s stock worth $169,000 after purchasing an additional 150 shares during the period. Curio Wealth LLC increased its position in Avantis Responsible U.S. Equity ETF by 13.1% during the 3rd quarter. Curio Wealth LLC now owns 2,458 shares of the company’s stock worth $181,000 after purchasing an additional 284 shares during the period. Financial Plan Inc. increased its position in Avantis Responsible U.S. Equity ETF by 2.3% during the 1st quarter. Financial Plan Inc. now owns 14,204 shares of the company’s stock worth $1,050,000 after purchasing an additional 324 shares during the period. Finally, Osaic Holdings Inc. increased its position in Avantis Responsible U.S. Equity ETF by 44.3% during the 2nd quarter. Osaic Holdings Inc. now owns 1,387 shares of the company’s stock worth $95,000 after purchasing an additional 426 shares during the period.

About Avantis Responsible U.S. Equity ETF

(Get Free Report)

The Avantis Responsible U.S. Equity ETF (AVSU) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in US companies of all market capitalizations. Holdings are screened for multiple ESG metrics and selected based on fundamental criteria AVSU was launched on Mar 15, 2022 and is managed by American Century Investments.

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