Short Interest in Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) Rises By 193.9%

Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 13,451 shares, a growth of 193.9% from the May 14th total of 4,576 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average trading volume of 10,651 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Investors Weigh In On Avantis Responsible Emerging Markets Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Maseco LLP bought a new position in shares of Avantis Responsible Emerging Markets Equity ETF in the 1st quarter valued at about $28,996,000. Trailhead Planners LLC bought a new position in shares of Avantis Responsible Emerging Markets Equity ETF in the 4th quarter valued at about $2,488,000. Mercer Global Advisors Inc. ADV bought a new position in shares of Avantis Responsible Emerging Markets Equity ETF in the 3rd quarter valued at about $1,740,000. HighTower Advisors LLC boosted its stake in shares of Avantis Responsible Emerging Markets Equity ETF by 30.9% in the 3rd quarter. HighTower Advisors LLC now owns 70,656 shares of the company’s stock valued at $4,491,000 after purchasing an additional 16,688 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of Avantis Responsible Emerging Markets Equity ETF by 50.2% in the 4th quarter. Jane Street Group LLC now owns 49,115 shares of the company’s stock valued at $3,191,000 after purchasing an additional 16,426 shares during the last quarter.

Avantis Responsible Emerging Markets Equity ETF Stock Performance

AVSE traded up $0.49 during midday trading on Friday, hitting $80.36. The company had a trading volume of 11,175 shares, compared to its average volume of 13,711. The company has a market capitalization of $216.97 million, a PE ratio of 13.19 and a beta of 0.80. Avantis Responsible Emerging Markets Equity ETF has a twelve month low of $56.58 and a twelve month high of $83.61. The firm’s 50-day simple moving average is $76.19 and its 200-day simple moving average is $70.84.

Avantis Responsible Emerging Markets Equity ETF Company Profile

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.