Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE) Sees Significant Growth in Short Interest

Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEEGet Free Report) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 49,734 shares, an increase of 141.0% from the June 30th total of 20,636 shares. Based on an average daily trading volume, of 11,931 shares, the short-interest ratio is currently 4.2 days. Approximately 2.8% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Index Fund Advisors Inc. lifted its holdings in Avantis Emerging Markets Small Cap Equity ETF by 21.8% in the fourth quarter. Index Fund Advisors Inc. now owns 107,357 shares of the company’s stock worth $6,700,000 after acquiring an additional 19,226 shares during the last quarter. Cornerstone Wealth Partners LLC bought a new stake in Avantis Emerging Markets Small Cap Equity ETF in the 4th quarter valued at about $5,751,000. Timonier Family Office LTD. lifted its position in Avantis Emerging Markets Small Cap Equity ETF by 6.8% in the 4th 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 last quarter. Vista Capital Partners Inc. acquired a new position in Avantis Emerging Markets Small Cap Equity ETF during the 2nd quarter valued at about $1,617,000. Finally, CAP Partners LLC grew its position in 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 purchasing an additional 635 shares during the last quarter.

Avantis Emerging Markets Small Cap Equity ETF Stock Up 0.1%

NYSEARCA:AVEE opened at $65.02 on Tuesday. Avantis Emerging Markets Small Cap Equity ETF has a 52-week low of $59.88 and a 52-week high of $72.93. The stock’s 50 day moving average price is $69.00 and its 200 day moving average price is $67.49. The company has a market capitalization of $117.04 million, a PE ratio of 13.82 and a beta of 0.65.

About Avantis Emerging Markets Small Cap Equity ETF

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Avantis Emerging Markets Small Cap Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avantis Emerging Markets Small Cap Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.