Avantis Emerging Markets Value ETF (NYSEARCA:AVES) Stock Short Interest Rises 117.7%

Avantis Emerging Markets Value ETF (NYSEARCA:AVES – Get Free Report) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 205,936 shares, a growth of 117.7% from the September 30th total of 94,575 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily trading volume, of 70,828 shares, the days-to-cover ratio is currently 2.9 days.

Avantis Emerging Markets Value ETF Trading Down 2.3%

Shares of Avantis Emerging Markets Value ETF stock traded down $1.43 during trading on Friday, reaching $59.98. The stock had a trading volume of 108,192 shares, compared to its average volume of 114,329. Avantis Emerging Markets Value ETF has a 52 week low of $56.10 and a 52 week high of $69.06. The stock has a fifty day moving average price of $65.06 and a two-hundred day moving average price of $64.32. The company has a market capitalization of $1.46 billion, a price-to-earnings ratio of 10.65 and a beta of 0.71.

Institutional Trading of Avantis Emerging Markets Value ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Signature Equity Partners LLC bought a new position in Avantis Emerging Markets Value ETF in the 1st quarter worth about $47,000. EverSource Wealth Advisors LLC raised its stake in shares of Avantis Emerging Markets Value ETF by 895.4% during the first quarter. EverSource Wealth Advisors LLC now owns 1,075 shares of the company’s stock valued at $64,000 after acquiring an additional 967 shares in the last quarter. Fifth Third Bancorp lifted its stake in shares of Avantis Emerging Markets Value ETF by 3,124.2% during the 1st quarter. Fifth Third Bancorp now owns 1,999 shares of the company’s stock worth $120,000 after purchasing an additional 1,937 shares during the last quarter. Sage Rhino Capital LLC acquired a new position in shares of Avantis Emerging Markets Value ETF during the first quarter valued at about $201,000. Finally, Evanson Financial LLC acquired a new stake in Avantis Emerging Markets Value ETF during the 2nd quarter valued at approximately $221,000.

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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