Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) Stock Short Interest Jumps 116.4%

Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 8,786 shares, a growth of 116.4% from the September 30th total of 4,060 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 9,196 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of AVSE. Orgel Wealth Management LLC acquired a new stake in Avantis Responsible Emerging Markets Equity ETF during the 2nd quarter valued at $10,458,000. Freedom Day Solutions LLC bought a new position in shares of Avantis Responsible Emerging Markets Equity ETF in the third quarter valued at about $1,691,000. Highland Financial Advisors LLC raised its position in shares of Avantis Responsible Emerging Markets Equity ETF by 26.8% in the second quarter. Highland Financial Advisors LLC now owns 30,967 shares of the company’s stock valued at $2,534,000 after purchasing an additional 6,540 shares during the period. Private Advisor Group LLC acquired a new stake in shares of Avantis Responsible Emerging Markets Equity ETF during the 1st quarter worth about $290,000. Finally, Mason & Associates Inc boosted its holdings in shares of Avantis Responsible Emerging Markets Equity ETF by 17.4% during the 2nd quarter. Mason & Associates Inc now owns 16,854 shares of the company’s stock worth $1,379,000 after buying an additional 2,498 shares during the period.

Avantis Responsible Emerging Markets Equity ETF Stock Down 2.8%

AVSE traded down $2.11 during trading on Friday, reaching $72.11. 9,300 shares of the company’s stock were exchanged, compared to its average volume of 13,424. Avantis Responsible Emerging Markets Equity ETF has a fifty-two week low of $62.55 and a fifty-two week high of $84.93. The company has a market capitalization of $209.12 million, a P/E ratio of 13.19 and a beta of 0.81. The business has a 50 day moving average price of $78.17 and a 200 day moving average price of $75.41.

About Avantis Responsible Emerging Markets Equity ETF

The Avantis Responsible Emerging Markets Equity ETF (AVSE) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in companies of all market capitalizations in emerging markets. Holdings are screened for multiple ESG metrics and fundamental criteria AVSE was launched on Mar 28, 2022 and is managed by American Century Investments.