Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE – Get Free Report) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 29,891 shares, a growth of 379.3% from the May 31st total of 6,236 shares. Approximately 1.8% of the shares of the company are short sold. Based on an average daily volume of 18,088 shares, the days-to-cover ratio is currently 1.7 days.
Avantis Emerging Markets Small Cap Equity ETF Price Performance
NYSEARCA:AVEE traded down $0.39 during trading hours on Friday, hitting $67.91. 18,780 shares of the company were exchanged, compared to its average volume of 13,582. The stock has a market capitalization of $115.45 million, a price-to-earnings ratio of 13.82 and a beta of 0.64. Avantis Emerging Markets Small Cap Equity ETF has a 52-week low of $59.69 and a 52-week high of $72.93. The company’s 50 day moving average price is $70.49 and its 200-day moving average price is $66.77.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. Index Fund Advisors Inc. lifted its holdings in Avantis Emerging Markets Small Cap Equity ETF by 21.8% during the fourth quarter. Index Fund Advisors Inc. now owns 107,357 shares of the company’s stock valued at $6,700,000 after purchasing an additional 19,226 shares in the last quarter. Cornerstone Wealth Partners LLC acquired a new stake in shares of Avantis Emerging Markets Small Cap Equity ETF during the 4th quarter worth approximately $5,751,000. Timonier Family Office LTD. raised its position in Avantis Emerging Markets Small Cap Equity ETF by 6.8% in the fourth quarter. Timonier Family Office LTD. now owns 78,632 shares of the company’s stock valued at $4,907,000 after purchasing an additional 5,028 shares during the period. Vista Capital Partners Inc. purchased a new stake in Avantis Emerging Markets Small Cap Equity ETF in the 2nd quarter valued at about $1,617,000. Finally, CAP Partners LLC lifted its holdings in shares of Avantis Emerging Markets Small Cap Equity ETF by 4.6% in the 1st quarter. CAP Partners LLC now owns 14,406 shares of the company’s stock worth $914,000 after acquiring an additional 635 shares during the last quarter.
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.
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