Avantis Emerging Markets Value ETF (NYSEARCA:AVES) Shares Shorted: Short Interest Up 235.4% in September

Avantis Emerging Markets Value ETF (NYSEARCA:AVES) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 94,575 shares, an increase of 235.4% from the September 15th total of 28,198 shares. Based on an average daily volume of 78,211 shares, the short-interest ratio is presently 1.2 days. Approximately 0.4% of the shares of the company are short sold.

Avantis Emerging Markets Value ETF Stock Performance

Shares of Avantis Emerging Markets Value ETF stock traded down $0.09 on Tuesday, reaching $65.22. The stock had a trading volume of 30,885 shares, compared to its average volume of 114,440. The business’s 50-day moving average price is $65.72 and its two-hundred day moving average price is $65.06. Avantis Emerging Markets Value ETF has a fifty-two week low of $55.96 and a fifty-two week high of $69.06. The stock has a market cap of $1.56 billion, a P/E ratio of 10.65 and a beta of 0.71.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Summit Portfolio Management LTD. bought a new stake in Avantis Emerging Markets Value ETF during the first quarter valued at about $6,538,000. B&D White Capital Company LLC increased its stake in shares of Avantis Emerging Markets Value ETF by 56.6% in the fourth quarter. B&D White Capital Company LLC now owns 299,158 shares of the company’s stock worth $17,444,000 after purchasing an additional 108,113 shares during the period. Cornerstone Wealth Partners LLC acquired a new position in shares of Avantis Emerging Markets Value ETF during the 4th quarter worth about $5,960,000. Bank of America Corp DE lifted its position in shares of Avantis Emerging Markets Value ETF by 297.7% during the 1st quarter. Bank of America Corp DE now owns 123,381 shares of the company’s stock worth $7,400,000 after purchasing an additional 92,356 shares during the last quarter. Finally, EJMK Ventures LLC lifted its position in shares of Avantis Emerging Markets Value ETF by 108.5% during the 1st quarter. EJMK Ventures LLC now owns 66,619 shares of the company’s stock worth $3,996,000 after purchasing an additional 34,671 shares during the last quarter.

Avantis Emerging Markets Value ETF Company Profile

The Avantis Emerging Markets Value ETF (AVES) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of emerging market equities with lower prices relative to their book values. AVES was launched on Sep 28, 2021 and is managed by American Century Investments.