Avantis Real Estate ETF (NYSEARCA:AVRE) Short Interest Update

by · The Markets Daily

Avantis Real Estate ETF (NYSEARCA:AVRE – Get Free Report) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 21,974 shares, a decline of 94.4% from the August 31st total of 393,491 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 71,390 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On Avantis Real Estate ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Cherry Tree Wealth Management LLC grew its holdings in shares of Avantis Real Estate ETF by 79.1% during the 2nd quarter. Cherry Tree Wealth Management LLC now owns 944 shares of the company’s stock worth $45,000 after purchasing an additional 417 shares in the last quarter. Root Financial Partners LLC bought a new stake in Avantis Real Estate ETF during the first quarter worth about $61,000. Torren Management LLC grew its stake in Avantis Real Estate ETF by 7.7% during the first quarter. Torren Management LLC now owns 4,509 shares of the company’s stock worth $198,000 after buying an additional 323 shares in the last quarter. Cahill Financial Advisors Inc. acquired a new stake in Avantis Real Estate ETF during the second quarter worth about $255,000. Finally, Curio Wealth LLC increased its holdings in Avantis Real Estate ETF by 6.4% in the 4th quarter. Curio Wealth LLC now owns 5,903 shares of the company’s stock valued at $258,000 after buying an additional 353 shares during the period.

Avantis Real Estate ETF Stock Down 0.3%

Shares of AVRE traded down $0.12 during mid-day trading on Friday, hitting $44.79. 86,413 shares of the company’s stock were exchanged, compared to its average volume of 63,555. Avantis Real Estate ETF has a 52 week low of $42.98 and a 52 week high of $49.72. The stock’s 50-day simple moving average is $47.66 and its 200-day simple moving average is $47.09. The firm has a market cap of $855.49 million, a price-to-earnings ratio of 28.60 and a beta of 0.89.

About Avantis Real Estate ETF

(Get Free Report)

The Avantis Real Estate ETF (AVRE) is an exchange-traded fund that is based on the S&P Global REIT index. The fund is an actively managed fund that provides broad exposure to real estate securities around the world. AVRE was launched on Sep 28, 2021 and is managed by American Century Investments.

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