Avantis All International Markets Value ETF (NYSEARCA:AVNV) Short Interest Up 243.4% in April

Avantis All International Markets Value ETF (NYSEARCA:AVNV) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 9,306 shares, a growth of 243.4% from the April 15th total of 2,710 shares. Approximately 1.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 7,607 shares, the days-to-cover ratio is presently 1.2 days.

Hedge Funds Weigh In On Avantis All International Markets Value ETF

Hedge funds have recently bought and sold shares of the company. RHL Group LLC acquired a new stake in shares of Avantis All International Markets Value ETF during the 4th quarter worth about $46,000. Farther Finance Advisors LLC purchased a new position in Avantis All International Markets Value ETF during the 4th quarter worth approximately $99,000. Breakwater Capital Group purchased a new position in shares of Avantis All International Markets Value ETF in the 3rd quarter valued at approximately $247,000. Financial Management Network Inc. purchased a new position in shares of Avantis All International Markets Value ETF in the 1st quarter valued at approximately $454,000. Finally, Susquehanna International Group LLP grew its stake in shares of Avantis All International Markets Value ETF by 20.6% in the 3rd quarter. Susquehanna International Group LLP now owns 15,613 shares of the company’s stock valued at $1,120,000 after purchasing an additional 2,668 shares during the last quarter.

Avantis All International Markets Value ETF Stock Performance

Shares of AVNV traded down $1.67 during trading hours on Friday, hitting $83.56. 34,676 shares of the stock were exchanged, compared to its average volume of 13,442. Avantis All International Markets Value ETF has a 12-month low of $62.60 and a 12-month high of $85.75. The company has a market cap of $58.49 million, a price-to-earnings ratio of 11.05 and a beta of 0.60. The stock’s 50-day moving average price is $81.00 and its two-hundred day moving average price is $78.39.

About Avantis All International Markets Value ETF

The Avantis All International Markets Value ETF (AVNV) 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 factor-investing, focusing on securities with value characteristics and higher expected returns. AVNV was launched on Jun 27, 2023 and is managed by American Century Investments.