Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) Sees Significant Decline in Short Interest

Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) was the target of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 4,419 shares, a decrease of 73.4% from the July 30th total of 16,599 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 8,375 shares, the days-to-cover ratio is presently 0.5 days.

Avantis Responsible Emerging Markets Equity ETF Stock Down 0.6%

Shares of AVSE stock traded down $0.45 during mid-day trading on Friday, reaching $79.24. 6,951 shares of the company’s stock traded hands, compared to its average volume of 12,966. The company’s 50-day moving average price is $77.95 and its 200-day moving average price is $75.37. The company has a market cap of $221.87 million, a P/E ratio of 13.19 and a beta of 0.80. Avantis Responsible Emerging Markets Equity ETF has a 12 month low of $59.88 and a 12 month high of $84.93.

Institutional Investors Weigh In On Avantis Responsible Emerging Markets Equity ETF

Several hedge funds have recently bought and sold shares of the business. Birchwood Financial Partners Inc. bought a new position in shares of Avantis Responsible Emerging Markets Equity ETF during the first quarter valued at approximately $32,000. Kestra Advisory Services LLC bought a new stake in shares of Avantis Responsible Emerging Markets Equity ETF in the 4th quarter worth approximately $78,000. WealthShield Partners LLC bought a new stake in shares of Avantis Responsible Emerging Markets Equity ETF in the 4th quarter worth approximately $84,000. Sankala Group LLC purchased a new stake in shares of Avantis Responsible Emerging Markets Equity ETF in the 4th quarter worth approximately $86,000. Finally, North Ridge Wealth Advisors Inc. purchased a new stake in shares of Avantis Responsible Emerging Markets Equity ETF in the 2nd quarter worth approximately $80,000.

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.