Short Interest in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) Drops By 90.6%

Avantis Emerging Markets Value ETF (NYSEARCA:AVESGet Free Report) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 31,722 shares, a decrease of 90.6% from the April 15th total of 338,396 shares. Based on an average daily volume of 76,599 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of AVES. Comerica Bank bought a new position in Avantis Emerging Markets Value ETF in the 4th quarter worth approximately $41,000. Signature Equity Partners LLC bought a new position in Avantis Emerging Markets Value ETF in the 1st quarter worth approximately $47,000. Fifth Third Bancorp boosted its holdings in Avantis Emerging Markets Value ETF by 3,124.2% in the 1st quarter. Fifth Third Bancorp now owns 1,999 shares of the company’s stock worth $120,000 after buying an additional 1,937 shares during the period. Royal Bank of Canada bought a new position in Avantis Emerging Markets Value ETF in the 4th quarter worth approximately $136,000. Finally, US Bancorp DE bought a new position in Avantis Emerging Markets Value ETF in the 3rd quarter worth approximately $153,000.

Avantis Emerging Markets Value ETF Stock Performance

NYSEARCA AVES traded up $0.81 on Wednesday, hitting $67.11. 53,107 shares of the stock traded hands, compared to its average volume of 140,986. The business’s fifty day moving average is $62.72 and its two-hundred day moving average is $61.15. Avantis Emerging Markets Value ETF has a 12 month low of $50.20 and a 12 month high of $67.84. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of 10.65 and a beta of 0.69.

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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