Avantis Emerging Markets Value ETF (NYSEARCA:AVES) Sees Large Decline in Short Interest

Avantis Emerging Markets Value ETF (NYSEARCA:AVES – Get Free Report) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 28,198 shares, a drop of 93.6% from the August 31st total of 439,145 shares. Based on an average trading volume of 88,638 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Investors Weigh In On Avantis Emerging Markets Value ETF

Large investors have recently modified their holdings of the company. Empowered Funds LLC lifted its holdings in Avantis Emerging Markets Value ETF by 2.8% in the first quarter. Empowered Funds LLC now owns 713,801 shares of the company’s stock valued at $42,814,000 after buying an additional 19,661 shares during the period. Armbruster Capital Management Inc. grew its holdings in Avantis Emerging Markets Value ETF by 0.3% during the 1st quarter. Armbruster Capital Management Inc. now owns 348,389 shares of the company’s stock worth $20,896,000 after acquiring an additional 886 shares during the period. B&D White Capital Company LLC raised its position in shares of Avantis Emerging Markets Value ETF by 56.6% in the 4th quarter. B&D White Capital Company LLC now owns 299,158 shares of the company’s stock worth $17,444,000 after acquiring an additional 108,113 shares in the last quarter. Fidelity D & D Bancorp Inc. raised its position in shares of Avantis Emerging Markets Value ETF by 16.9% in the 1st quarter. Fidelity D & D Bancorp Inc. now owns 184,571 shares of the company’s stock worth $11,071,000 after acquiring an additional 26,744 shares in the last quarter. Finally, Bank of America Corp DE raised its position in shares of Avantis Emerging Markets Value ETF by 297.7% in the 1st quarter. Bank of America Corp DE now owns 123,381 shares of the company’s stock worth $7,400,000 after acquiring an additional 92,356 shares in the last quarter.

Avantis Emerging Markets Value ETF Trading Up 0.9%

NYSEARCA:AVES traded up $0.61 on Friday, reaching $65.49. 61,725 shares of the stock traded hands, compared to its average volume of 117,425. Avantis Emerging Markets Value ETF has a 1-year low of $55.31 and a 1-year high of $69.06. The company’s 50 day moving average is $65.05 and its 200-day moving average is $64.64. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of 10.65 and a beta of 0.71.

About Avantis Emerging Markets Value ETF

(Get Free Report)

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.

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