Short Interest in Avantis All International Markets Equity ETF (NYSEARCA:AVNM) Rises By 33.7%

Avantis All International Markets Equity ETF (NYSEARCA:AVNM) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 12,864 shares, a growth of 33.7% from the November 30th total of 9,622 shares. Based on an average trading volume of 38,415 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 38,415 shares, the short-interest ratio is currently 0.3 days.

Avantis All International Markets Equity ETF Stock Up 0.3%

AVNM stock traded up $0.20 during mid-day trading on Tuesday, hitting $73.67. 33,529 shares of the company were exchanged, compared to its average volume of 38,466. The firm has a market capitalization of $412.55 million, a P/E ratio of 13.10 and a beta of 0.61. The business has a fifty day simple moving average of $72.07 and a 200-day simple moving average of $69.30. Avantis All International Markets Equity ETF has a 12-month low of $51.41 and a 12-month high of $73.83.

Hedge Funds Weigh In On Avantis All International Markets Equity ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AVNM. Merit Financial Group LLC acquired a new stake in shares of Avantis All International Markets Equity ETF in the second quarter valued at approximately $111,831,000. FMB Wealth Management acquired a new position in shares of Avantis All International Markets Equity ETF in the 2nd quarter valued at $257,000. BWM Planning LLC raised its position in Avantis All International Markets Equity ETF by 23.6% in the 2nd quarter. BWM Planning LLC now owns 238,643 shares of the company’s stock valued at $15,586,000 after purchasing an additional 45,565 shares during the last quarter. Geometric Wealth Advisors raised its position in Avantis All International Markets Equity ETF by 207.2% in the 2nd quarter. Geometric Wealth Advisors now owns 670,665 shares of the company’s stock valued at $43,801,000 after purchasing an additional 452,344 shares during the last quarter. Finally, Cloud Capital Management LLC boosted its stake in Avantis All International Markets Equity ETF by 83.7% during the 2nd quarter. Cloud Capital Management LLC now owns 8,345 shares of the company’s stock worth $549,000 after purchasing an additional 3,802 shares during the period.

Avantis All International Markets Equity ETF Company Profile

The Avantis All International Markets Equity ETF (AVNM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in international equity portfolios, typically heavily weighted towards developed markets outside the US. It seeks long-term capital appreciation through securities with higher expected returns. AVNM was launched on Jun 27, 2023 and is managed by American Century Investments.