Avantis Emerging Markets Value ETF (NYSEARCA:AVES) Short Interest Update

Avantis Emerging Markets Value ETF (NYSEARCA:AVES) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 138,115 shares, an increase of 335.4% from the April 30th total of 31,722 shares. Based on an average daily volume of 68,961 shares, the short-interest ratio is currently 2.0 days. Currently, 0.6% of the shares of the company are short sold.

Institutional Investors Weigh In On Avantis Emerging Markets Value ETF

Large investors have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. grew its position in Avantis Emerging Markets Value ETF by 3.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 228,813 shares of the company’s stock worth $13,127,000 after purchasing an additional 7,982 shares during the period. HighTower Advisors LLC grew its position in Avantis Emerging Markets Value ETF by 23.3% in the 3rd quarter. HighTower Advisors LLC now owns 246,896 shares of the company’s stock worth $14,164,000 after purchasing an additional 46,634 shares during the period. Austin Wealth Management LLC grew its position in Avantis Emerging Markets Value ETF by 9.1% in the 4th quarter. Austin Wealth Management LLC now owns 206,384 shares of the company’s stock worth $12,292,000 after purchasing an additional 17,170 shares during the period. Focus Partners Advisor Solutions LLC boosted its stake in shares of Avantis Emerging Markets Value ETF by 66.8% during the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 415,994 shares of the company’s stock worth $24,308,000 after acquiring an additional 166,545 shares during the last quarter. Finally, Accredited Wealth Management LLC boosted its stake in shares of Avantis Emerging Markets Value ETF by 359.7% during the 3rd quarter. Accredited Wealth Management LLC now owns 39,462 shares of the company’s stock worth $2,264,000 after acquiring an additional 30,877 shares during the last quarter.

Avantis Emerging Markets Value ETF Trading Down 0.0%

NYSEARCA:AVES traded down $0.03 during trading hours on Friday, reaching $67.71. The company had a trading volume of 78,658 shares, compared to its average volume of 134,022. Avantis Emerging Markets Value ETF has a 52 week low of $50.56 and a 52 week high of $68.57. The firm has a market cap of $1.46 billion, a price-to-earnings ratio of 10.65 and a beta of 0.69. The firm’s 50 day moving average price is $63.96 and its 200-day moving average price is $61.82.

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.