Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE) Short Interest Update

Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 5,314 shares, a decline of 46.5% from the April 30th total of 9,924 shares. Based on an average daily volume of 4,528 shares, the short-interest ratio is presently 1.2 days. Currently, 0.3% of the shares of the company are sold short.

Hedge Funds Weigh In On Avantis Emerging Markets Small Cap Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Plancorp LLC purchased a new position in Avantis Emerging Markets Small Cap Equity ETF during the fourth quarter worth approximately $257,000. Jane Street Group LLC acquired a new position in shares of Avantis Emerging Markets Small Cap Equity ETF during the 4th quarter worth approximately $259,000. B&D White Capital Company LLC acquired a new position in shares of Avantis Emerging Markets Small Cap Equity ETF during the 4th quarter worth approximately $308,000. Summit Portfolio Management LTD. purchased a new position in shares of Avantis Emerging Markets Small Cap Equity ETF during the 1st quarter valued at approximately $345,000. Finally, Cloud Capital Management LLC lifted its position in shares of Avantis Emerging Markets Small Cap Equity ETF by 14.5% during the 4th quarter. Cloud Capital Management LLC now owns 7,791 shares of the company’s stock valued at $486,000 after buying an additional 987 shares in the last quarter.

Avantis Emerging Markets Small Cap Equity ETF Trading Down 0.6%

AVEE traded down $0.43 on Monday, reaching $71.27. The stock had a trading volume of 496 shares, compared to its average volume of 13,256. Avantis Emerging Markets Small Cap Equity ETF has a 12-month low of $56.80 and a 12-month high of $72.93. The business’s 50-day moving average price is $68.29 and its two-hundred day moving average price is $65.80. The company has a market cap of $121.16 million, a P/E ratio of 13.82 and a beta of 0.67.

Avantis Emerging Markets Small Cap Equity ETF Company Profile

The Avantis Emerging Markets Small Cap Equity ETF (AVEE) 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 companies in the emerging market equity space, selected based on fundamental criteria. AVEE was launched on Nov 7, 2023 and is issued by American Century Investments.