Avantis Emerging Markets Value ETF (NYSEARCA:AVES) Short Interest Down 15.4% in January

Avantis Emerging Markets Value ETF (NYSEARCA:AVES) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 106,149 shares, a decline of 15.4% from the January 15th total of 125,428 shares. Based on an average daily volume of 324,280 shares, the short-interest ratio is currently 0.3 days. Currently, 0.6% of the shares of the company are short sold. Currently, 0.6% of the shares of the company are short sold. Based on an average daily volume of 324,280 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Avantis Emerging Markets Value ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. PNC Financial Services Group Inc. lifted its holdings in Avantis Emerging Markets Value ETF by 416.6% during the second quarter. PNC Financial Services Group Inc. now owns 2,464 shares of the company’s stock valued at $132,000 after purchasing an additional 1,987 shares in the last quarter. Creative Planning raised its position in shares of Avantis Emerging Markets Value ETF by 12.0% during the 2nd quarter. Creative Planning now owns 51,980 shares of the company’s stock valued at $2,783,000 after purchasing an additional 5,555 shares during the period. American Century Companies Inc. lifted its stake in shares of Avantis Emerging Markets Value ETF by 53.5% during the 2nd quarter. American Century Companies Inc. now owns 1,468,649 shares of the company’s stock valued at $78,639,000 after buying an additional 511,891 shares in the last quarter. Apeiron RIA LLC boosted its holdings in Avantis Emerging Markets Value ETF by 9.4% in the 3rd quarter. Apeiron RIA LLC now owns 142,954 shares of the company’s stock worth $8,130,000 after buying an additional 12,275 shares during the period. Finally, AlphaCore Capital LLC increased its stake in Avantis Emerging Markets Value ETF by 381.0% in the 2nd quarter. AlphaCore Capital LLC now owns 103,790 shares of the company’s stock worth $5,557,000 after buying an additional 82,212 shares in the last quarter.

Avantis Emerging Markets Value ETF Price Performance

Shares of AVES opened at $64.68 on Monday. Avantis Emerging Markets Value ETF has a one year low of $41.68 and a one year high of $65.55. The firm has a market capitalization of $1.17 billion, a P/E ratio of 10.65 and a beta of 0.66. The business has a fifty day moving average of $60.51 and a 200 day moving average of $58.23.

About Avantis Emerging Markets Value ETF

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.