Avantis All International Markets Value ETF (NYSEARCA:AVNV) Short Interest Up 609.5% in August

Avantis All International Markets Value ETF (NYSEARCA:AVNV) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 13,359 shares, a growth of 609.5% from the August 15th total of 1,883 shares. Based on an average daily volume of 14,086 shares, the short-interest ratio is currently 0.9 days. Currently, 1.7% of the shares of the company are short sold.

Avantis All International Markets Value ETF Stock Up 1.1%

NYSEARCA:AVNV traded up $0.94 during mid-day trading on Friday, reaching $86.99. 7,652 shares of the stock were exchanged, compared to its average volume of 11,456. The company has a 50 day simple moving average of $85.04 and a 200-day simple moving average of $83.32. The stock has a market capitalization of $69.59 million, a P/E ratio of 11.05 and a beta of 0.61. Avantis All International Markets Value ETF has a 1 year low of $70.05 and a 1 year high of $88.48.

Hedge Funds Weigh In On Avantis All International Markets Value ETF

A number of hedge funds have recently modified their holdings of AVNV. JPMorgan Chase & Co. acquired a new position in shares of Avantis All International Markets Value ETF in the 2nd quarter valued at $4,915,000. Jane Street Group LLC acquired a new stake in Avantis All International Markets Value ETF during the 2nd quarter worth $19,891,000. Susquehanna International Group LLP grew its position in Avantis All International Markets Value ETF by 20.6% during the 3rd quarter. Susquehanna International Group LLP now owns 15,613 shares of the company’s stock worth $1,120,000 after purchasing an additional 2,668 shares during the last quarter. RHL Group LLC purchased a new position in Avantis All International Markets Value ETF during the 4th quarter worth $46,000. Finally, Financial Management Network Inc. acquired a new position in Avantis All International Markets Value ETF in the first quarter valued at $454,000.

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.