Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Short Interest Update

Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) saw a significant decline in short interest in July. As of July 31st, there was short interest totaling 2,062,642 shares, a decline of 36.4% from the July 15th total of 3,241,432 shares. Approximately 0.7% of the shares of the stock are short sold. Based on an average trading volume of 2,140,736 shares, the short-interest ratio is currently 1.0 days.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA AVEM opened at $93.05 on Thursday. Avantis Emerging Markets Equity ETF has a 1 year low of $70.34 and a 1 year high of $100.83. The stock has a market capitalization of $26.48 billion, a PE ratio of 12.66 and a beta of 0.74. The company’s 50 day simple moving average is $93.10 and its two-hundred day simple moving average is $89.54.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Winch Advisory Services LLC purchased a new position in Avantis Emerging Markets Equity ETF during the first quarter worth about $26,000. JFS Wealth Advisors LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 67.3% in the 2nd quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock valued at $27,000 after acquiring an additional 111 shares in the last quarter. Glenmede Trust Co. NA purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the 1st quarter valued at about $31,000. Rothschild Investment LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 192.7% during the 4th quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock valued at $34,000 after acquiring an additional 289 shares during the last quarter. Finally, MidAtlantic Capital Management Inc. bought a new stake in shares of Avantis Emerging Markets Equity ETF during the 4th quarter valued at about $36,000.

Avantis Emerging Markets Equity ETF Company Profile

The Avantis Emerging Markets Equity ETF (AVEM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that holds emerging-market stocks of all market capitalizations considered favorable on multiple factors. The fund seeks to provide capital appreciation. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.