Avantis Emerging Markets Value ETF (NYSEARCA:AVES) Short Interest Up 83.5% in July

Avantis Emerging Markets Value ETF (NYSEARCA:AVES) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 273,369 shares, an increase of 83.5% from the July 15th total of 148,962 shares. Based on an average daily volume of 125,674 shares, the short-interest ratio is presently 2.2 days. Approximately 1.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On Avantis Emerging Markets Value ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Apella Capital LLC raised its holdings in shares of Avantis Emerging Markets Value ETF by 3.3% in the 1st quarter. Apella Capital LLC now owns 4,861 shares of the company’s stock valued at $320,000 after acquiring an additional 155 shares in the last quarter. NCM Capital Management LLC grew its holdings in shares of Avantis Emerging Markets Value ETF by 1.3% during the fourth quarter. NCM Capital Management LLC now owns 18,574 shares of the company’s stock worth $1,083,000 after purchasing an additional 240 shares in the last quarter. Lam Group Inc. increased its position in shares of Avantis Emerging Markets Value ETF by 3.4% in the second quarter. Lam Group Inc. now owns 16,910 shares of the company’s stock worth $1,109,000 after purchasing an additional 550 shares during the last quarter. MB Generational Wealth LLC increased its position in shares of Avantis Emerging Markets Value ETF by 0.8% in the first quarter. MB Generational Wealth LLC now owns 71,397 shares of the company’s stock worth $4,282,000 after purchasing an additional 574 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Avantis Emerging Markets Value ETF by 8.5% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 8,228 shares of the company’s stock worth $472,000 after buying an additional 642 shares in the last quarter.

Avantis Emerging Markets Value ETF Trading Up 0.1%

Shares of Avantis Emerging Markets Value ETF stock traded up $0.08 during trading on Friday, hitting $65.57. The stock had a trading volume of 80,749 shares, compared to its average volume of 123,901. The firm has a market cap of $1.49 billion, a price-to-earnings ratio of 10.65 and a beta of 0.70. Avantis Emerging Markets Value ETF has a 12 month low of $55.00 and a 12 month high of $69.06. The business’s 50-day moving average is $64.85 and its 200 day moving average is $64.25.

Avantis Emerging Markets Value ETF Company Profile

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.