Short Interest in Avantis All International Markets Equity ETF (NYSEARCA:AVNM) Rises By 82.7%

Avantis All International Markets Equity ETF (NYSEARCA:AVNM) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 127,645 shares, a growth of 82.7% from the July 15th total of 69,882 shares. Currently, 1.5% of the company’s shares are short sold. Based on an average daily trading volume, of 49,889 shares, the short-interest ratio is presently 2.6 days.

Institutional Investors Weigh In On Avantis All International Markets Equity ETF

A number of hedge funds have recently modified their holdings of the company. CWM LLC raised its stake in Avantis All International Markets Equity ETF by 188.8% during the fourth quarter. CWM LLC now owns 335 shares of the company’s stock worth $25,000 after purchasing an additional 219 shares during the period. Team Financial Group LLC purchased a new stake in shares of Avantis All International Markets Equity ETF during the 1st quarter valued at approximately $30,000. Allworth Financial LP purchased a new stake in shares of Avantis All International Markets Equity ETF during the 4th quarter valued at approximately $36,000. Global Retirement Partners LLC acquired a new position in Avantis All International Markets Equity ETF in the fourth quarter valued at approximately $99,000. Finally, Royal Bank of Canada lifted its holdings in Avantis All International Markets Equity ETF by 167.9% in the fourth quarter. Royal Bank of Canada now owns 2,925 shares of the company’s stock valued at $215,000 after acquiring an additional 1,833 shares during the last quarter.

Avantis All International Markets Equity ETF Trading Up 0.3%

NYSEARCA:AVNM traded up $0.24 during trading hours on Friday, hitting $85.44. The company had a trading volume of 20,261 shares, compared to its average volume of 63,298. Avantis All International Markets Equity ETF has a 1 year low of $67.37 and a 1 year high of $85.69. The company has a market cap of $726.24 million, a P/E ratio of 13.10 and a beta of 0.66. The company has a 50-day moving average of $82.62 and a 200 day moving average of $81.18.

About Avantis All International Markets Equity ETF

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.