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

Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 49,734 shares, a growth of 141.0% from the June 30th total of 20,636 shares. Based on an average trading volume of 11,931 shares, the days-to-cover ratio is presently 4.2 days. Currently, 2.8% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Cornerstone Wealth Partners LLC purchased a new stake in shares of Avantis Emerging Markets Small Cap Equity ETF in the fourth quarter worth $5,751,000. ARK & TLK Investments LLC boosted its stake in Avantis Emerging Markets Small Cap Equity ETF by 199.1% during the fourth quarter. ARK & TLK Investments LLC now owns 11,259 shares of the company’s stock valued at $703,000 after buying an additional 7,495 shares during the period. Summit Portfolio Management LTD. purchased a new position in Avantis Emerging Markets Small Cap Equity ETF during the first quarter worth about $345,000. Lam Group Inc. grew its position in Avantis Emerging Markets Small Cap Equity ETF by 5.0% during the first quarter. Lam Group Inc. now owns 9,285 shares of the company’s stock worth $589,000 after buying an additional 445 shares in the last quarter. Finally, B&D White Capital Company LLC purchased a new position in Avantis Emerging Markets Small Cap Equity ETF during the fourth quarter worth about $308,000.

Avantis Emerging Markets Small Cap Equity ETF Trading Down 2.5%

Avantis Emerging Markets Small Cap Equity ETF stock opened at $62.31 on Thursday. The firm’s 50 day simple moving average is $68.77 and its 200 day simple moving average is $67.49. The firm has a market capitalization of $112.16 million, a PE ratio of 13.82 and a beta of 0.65. Avantis Emerging Markets Small Cap Equity ETF has a 1-year low of $59.88 and a 1-year high of $72.93.

About Avantis Emerging Markets Small Cap Equity ETF

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.