Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) Sees Large Drop in Short Interest

Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 2,861 shares, a decrease of 77.7% from the August 31st total of 12,827 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 21,278 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Avantis Responsible Emerging Markets Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Maseco LLP acquired a new stake in Avantis Responsible Emerging Markets Equity ETF during the first quarter worth about $28,996,000. Orgel Wealth Management LLC acquired a new position in Avantis Responsible Emerging Markets Equity ETF in the second quarter valued at approximately $10,458,000. Trailhead Planners LLC purchased a new stake in Avantis Responsible Emerging Markets Equity ETF in the 4th quarter worth approximately $2,488,000. Greenspring Advisors LLC purchased a new stake in Avantis Responsible Emerging Markets Equity ETF in the 4th quarter worth approximately $614,000. Finally, Riverwater Partners LLC grew its stake in shares of Avantis Responsible Emerging Markets Equity ETF by 6.1% during the 4th quarter. Riverwater Partners LLC now owns 125,369 shares of the company’s stock worth $8,145,000 after purchasing an additional 7,229 shares during the period.

Avantis Responsible Emerging Markets Equity ETF Stock Performance

NYSEARCA AVSE traded up $0.69 on Friday, reaching $80.07. 8,650 shares of the company’s stock traded hands, compared to its average volume of 13,108. The firm has a market cap of $232.20 million, a price-to-earnings ratio of 13.19 and a beta of 0.81. The stock has a 50 day moving average price of $78.14 and a 200-day moving average price of $76.40. Avantis Responsible Emerging Markets Equity ETF has a fifty-two week low of $61.79 and a fifty-two week high of $84.93.

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.