Avantis All International Markets Equity ETF (NYSEARCA:AVNM) Short Interest Down 56.2% in August

Avantis All International Markets Equity ETF (NYSEARCA:AVNM) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 80,987 shares, a decrease of 56.2% from the August 15th total of 184,778 shares. Approximately 1.0% of the company’s stock are short sold. Based on an average daily trading volume, of 49,863 shares, the days-to-cover ratio is presently 1.6 days.

Avantis All International Markets Equity ETF Stock Down 0.5%

Shares of AVNM stock traded down $0.44 during trading hours on Tuesday, hitting $83.86. 27,064 shares of the company’s stock traded hands, compared to its average volume of 62,576. The stock has a market cap of $712.80 million, a price-to-earnings ratio of 13.10 and a beta of 0.67. The stock’s fifty day simple moving average is $83.82 and its two-hundred day simple moving average is $81.93. Avantis All International Markets Equity ETF has a 12-month low of $69.15 and a 12-month high of $86.73.

Hedge Funds Weigh In On Avantis All International Markets Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AVNM. XY Planning Network Inc. lifted its holdings in shares of Avantis All International Markets Equity ETF by 3.8% during the 2nd quarter. XY Planning Network Inc. now owns 3,928 shares of the company’s stock valued at $324,000 after buying an additional 143 shares during the period. Hutchens & Kramer Investment Management Group LLC grew its holdings in shares of Avantis All International Markets Equity ETF by 2.0% in the second quarter. Hutchens & Kramer Investment Management Group LLC now owns 7,717 shares of the company’s stock worth $636,000 after acquiring an additional 150 shares during the period. B&D White Capital Company LLC increased its position in Avantis All International Markets Equity ETF by 0.3% during the fourth quarter. B&D White Capital Company LLC now owns 139,865 shares of the company’s stock valued at $10,283,000 after acquiring an additional 359 shares during the last quarter. Team Financial Group LLC purchased a new stake in Avantis All International Markets Equity ETF during the first quarter valued at $30,000. Finally, Orion Capital Management LLC lifted its holdings in Avantis All International Markets Equity ETF by 817.5% in the second quarter. Orion Capital Management LLC now owns 523 shares of the company’s stock valued at $43,000 after acquiring an additional 466 shares during the period.

Avantis All International Markets Equity ETF Company Profile

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.