Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Stock Short Interest Report for October

Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 4,058,684 shares, a growth of 135.1% from the September 30th total of 1,726,583 shares. Based on an average daily trading volume, of 1,710,744 shares, the days-to-cover ratio is presently 2.4 days. Approximately 1.3% of the shares of the company are sold short.

Hedge Funds Weigh In On Avantis Emerging Markets Equity ETF

Institutional investors have recently made changes to their positions in the business. Chicago Partners Investment Group LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter worth $5,413,000. Kelleher Financial Advisors bought a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $2,382,000. Team Financial Group LLC acquired a new position in Avantis Emerging Markets Equity ETF in the 3rd quarter worth $67,000. Legacy CG LLC boosted its stake in Avantis Emerging Markets Equity ETF by 5.7% in the 3rd quarter. Legacy CG LLC now owns 133,433 shares of the company’s stock worth $12,545,000 after purchasing an additional 7,240 shares during the period. Finally, Bauman Advisory Group LLC increased its holdings in Avantis Emerging Markets Equity ETF by 7.2% during the 3rd quarter. Bauman Advisory Group LLC now owns 63,705 shares of the company’s stock worth $5,990,000 after purchasing an additional 4,281 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 2.7%

AVEM traded down $2.39 during trading on Friday, hitting $86.02. The stock had a trading volume of 3,108,860 shares, compared to its average volume of 1,924,298. The firm has a market cap of $26.49 billion, a PE ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a 12 month low of $73.79 and a 12 month high of $100.83. The company has a 50 day simple moving average of $93.09 and a 200-day simple moving average of $90.00.

Avantis Emerging Markets Equity ETF Company Profile

The Avantis Emerging Markets Equity ETF (AVEM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that holds emerging-market stocks of all market capitalizations considered favorable on multiple factors. The fund seeks to provide capital appreciation. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.