Avantis All International Markets Equity ETF (NYSEARCA:AVNM) Short Interest Update

Avantis All International Markets Equity ETF (NYSEARCA:AVNM) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 120,798 shares, a growth of 93.2% from the April 15th total of 62,537 shares. Approximately 1.6% of the shares of the stock are sold short. Based on an average trading volume of 45,373 shares, the days-to-cover ratio is presently 2.7 days.

Institutional Trading of Avantis All International Markets Equity ETF

A number of institutional investors have recently bought and sold shares of AVNM. Duncan Williams Asset Management LLC lifted its position in Avantis All International Markets Equity ETF by 3,251.6% in the fourth quarter. Duncan Williams Asset Management LLC now owns 280,261 shares of the company’s stock worth $22,214,000 after buying an additional 271,899 shares during the last quarter. Truist Financial Corp bought a new stake in Avantis All International Markets Equity ETF in the third quarter worth $14,040,000. Envestnet Asset Management Inc. bought a new stake in Avantis All International Markets Equity ETF in the third quarter worth $13,401,000. Merit Financial Group LLC lifted its position in Avantis All International Markets Equity ETF by 9.1% in the fourth quarter. Merit Financial Group LLC now owns 1,944,852 shares of the company’s stock worth $142,986,000 after buying an additional 162,230 shares during the last quarter. Finally, Howard Bailey Securities LLC purchased a new stake in Avantis All International Markets Equity ETF in the fourth quarter worth $9,749,000.

Avantis All International Markets Equity ETF Stock Up 0.4%

AVNM traded up $0.35 during trading on Monday, reaching $82.26. The company had a trading volume of 35,614 shares, compared to its average volume of 66,112. The stock has a market cap of $625.18 million, a P/E ratio of 13.10 and a beta of 0.65. The business has a 50 day simple moving average of $79.33 and a 200-day simple moving average of $76.89. Avantis All International Markets Equity ETF has a 52 week low of $62.35 and a 52 week high of $84.25.

About Avantis All International Markets Equity ETF

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.