Avantis Emerging Markets Value ETF (NYSEARCA:AVES) Shares Shorted: Short Interest Up 235.4% in September

Avantis Emerging Markets Value ETF (NYSEARCA:AVES) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 94,575 shares, an increase of 235.4% from the September 15th total of 28,198 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 78,211 shares, the days-to-cover ratio is presently 1.2 days.

Avantis Emerging Markets Value ETF Price Performance

AVES traded up $0.71 on Friday, reaching $65.56. 39,087 shares of the company traded hands, compared to its average volume of 115,193. The stock’s 50 day moving average price is $65.68 and its 200-day moving average price is $64.98. Avantis Emerging Markets Value ETF has a 52-week low of $55.31 and a 52-week high of $69.06. The company has a market cap of $1.57 billion, a price-to-earnings ratio of 10.65 and a beta of 0.71.

Institutional Investors Weigh In On Avantis Emerging Markets Value ETF

Institutional investors have recently modified their holdings of the stock. Apella Capital LLC grew its holdings in shares of Avantis Emerging Markets Value ETF by 3.3% during the 1st quarter. Apella Capital LLC now owns 4,861 shares of the company’s stock valued at $320,000 after acquiring an additional 155 shares in the last quarter. NCM Capital Management LLC increased its stake in shares of Avantis Emerging Markets Value ETF by 1.3% in the fourth quarter. NCM Capital Management LLC now owns 18,574 shares of the company’s stock worth $1,083,000 after acquiring an additional 240 shares during the last quarter. Lam Group Inc. raised its holdings in shares of Avantis Emerging Markets Value ETF by 3.4% during the second quarter. Lam Group Inc. now owns 16,910 shares of the company’s stock worth $1,109,000 after acquiring an additional 550 shares in the last quarter. MB Generational Wealth LLC raised its holdings in shares of Avantis Emerging Markets Value ETF by 0.8% during the first quarter. MB Generational Wealth LLC now owns 71,397 shares of the company’s stock worth $4,282,000 after acquiring an additional 574 shares in the last quarter. Finally, Powerhouse Assets LLC raised its holdings in shares of Avantis Emerging Markets Value ETF by 14.9% during the first quarter. Powerhouse Assets LLC now owns 5,411 shares of the company’s stock worth $325,000 after acquiring an additional 701 shares in the last quarter.

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.