Avantis Emerging Markets Value ETF (NYSEARCA:AVES) Short Interest Update

Avantis Emerging Markets Value ETF (NYSEARCA:AVES) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 273,369 shares, a growth of 83.5% from the July 15th total of 148,962 shares. Currently, 1.2% of the shares of the stock are sold short. Based on an average trading volume of 125,674 shares, the short-interest ratio is presently 2.2 days.

Institutional Investors Weigh In On Avantis Emerging Markets Value ETF

Institutional investors have recently added to or reduced their stakes in the stock. Apella Capital LLC grew its stake in shares of Avantis Emerging Markets Value ETF by 3.3% in the 1st quarter. Apella Capital LLC now owns 4,861 shares of the company’s stock valued at $320,000 after purchasing an additional 155 shares during the period. NCM Capital Management LLC lifted its position in shares of Avantis Emerging Markets Value ETF by 1.3% during the 4th quarter. NCM Capital Management LLC now owns 18,574 shares of the company’s stock worth $1,083,000 after buying an additional 240 shares during the period. Lam Group Inc. boosted its stake in Avantis Emerging Markets Value ETF by 3.4% in the 2nd quarter. Lam Group Inc. now owns 16,910 shares of the company’s stock valued at $1,109,000 after buying an additional 550 shares in the last quarter. MB Generational Wealth LLC boosted its stake in Avantis Emerging Markets Value ETF by 0.8% in the 1st quarter. MB Generational Wealth LLC now owns 71,397 shares of the company’s stock valued at $4,282,000 after buying an additional 574 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in Avantis Emerging Markets Value ETF by 8.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 8,228 shares of the company’s stock valued at $472,000 after acquiring an additional 642 shares during the period.

Avantis Emerging Markets Value ETF Stock Performance

Shares of Avantis Emerging Markets Value ETF stock opened at $65.02 on Tuesday. The firm has a market cap of $1.48 billion, a P/E ratio of 10.65 and a beta of 0.70. The firm’s 50-day simple moving average is $64.88 and its 200-day simple moving average is $64.28. Avantis Emerging Markets Value ETF has a twelve month low of $55.00 and a twelve month high of $69.06.

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.