Avantis Emerging Markets Value ETF (NYSEARCA:AVES) Short Interest Up 253.8% in December

Avantis Emerging Markets Value ETF (NYSEARCA:AVES) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 84,256 shares, an increase of 253.8% from the November 30th total of 23,813 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 46,636 shares, the short-interest ratio is currently 1.8 days. Based on an average daily trading volume, of 46,636 shares, the short-interest ratio is currently 1.8 days. Approximately 0.6% of the company’s shares are sold short.

Avantis Emerging Markets Value ETF Trading Up 0.3%

NYSEARCA:AVES traded up $0.18 on Friday, hitting $58.51. 63,675 shares of the stock were exchanged, compared to its average volume of 45,521. The stock has a fifty day moving average of $58.01 and a 200-day moving average of $56.30. The stock has a market cap of $836.69 million, a PE ratio of 10.65 and a beta of 0.66. Avantis Emerging Markets Value ETF has a fifty-two week low of $41.68 and a fifty-two week high of $59.27.

Hedge Funds Weigh In On Avantis Emerging Markets Value ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Kiker Wealth Management LLC bought a new stake in shares of Avantis Emerging Markets Value ETF during the 2nd quarter valued at about $27,000. PNC Financial Services Group Inc. lifted its holdings in shares of Avantis Emerging Markets Value ETF by 416.6% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,464 shares of the company’s stock worth $132,000 after purchasing an additional 1,987 shares during the last quarter. US Bancorp DE acquired a new position in Avantis Emerging Markets Value ETF during the 3rd quarter valued at approximately $153,000. Northwestern Mutual Wealth Management Co. grew its stake in Avantis Emerging Markets Value ETF by 77.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,720 shares of the company’s stock worth $128,000 after buying an additional 1,191 shares during the last quarter. Finally, Apella Capital LLC bought a new position in Avantis Emerging Markets Value ETF during the 3rd quarter worth $202,000.

About Avantis Emerging Markets Value ETF

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.