Avantis All International Markets Equity ETF (NYSEARCA:AVNM) Short Interest Update

Avantis All International Markets Equity ETF (NYSEARCA:AVNM) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 80,987 shares, a decrease of 56.2% from the August 15th total of 184,778 shares. Based on an average daily volume of 49,863 shares, the short-interest ratio is currently 1.6 days. Currently, 1.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of AVNM. XY Planning Network Inc. raised its stake in Avantis All International Markets Equity ETF by 3.8% during the second quarter. XY Planning Network Inc. now owns 3,928 shares of the company’s stock worth $324,000 after acquiring an additional 143 shares in the last quarter. Allworth Financial LP boosted its stake in shares of Avantis All International Markets Equity ETF by 597.5% in the 2nd quarter. Allworth Financial LP now owns 4,436 shares of the company’s stock valued at $365,000 after purchasing an additional 3,800 shares in the last quarter. Hutchens & Kramer Investment Management Group LLC grew its holdings in shares of Avantis All International Markets Equity ETF by 2.0% during the 2nd quarter. Hutchens & Kramer Investment Management Group LLC now owns 7,717 shares of the company’s stock valued at $636,000 after purchasing an additional 150 shares during the last quarter. Orion Capital Management LLC grew its holdings in shares of Avantis All International Markets Equity ETF by 817.5% during the 2nd quarter. Orion Capital Management LLC now owns 523 shares of the company’s stock valued at $43,000 after purchasing an additional 466 shares during the last quarter. Finally, Royal Bank of Canada increased its position in Avantis All International Markets Equity ETF by 137.5% during the 1st quarter. Royal Bank of Canada now owns 6,947 shares of the company’s stock worth $529,000 after purchasing an additional 4,022 shares in the last quarter.

Avantis All International Markets Equity ETF Stock Down 0.9%

Shares of AVNM stock traded down $0.80 during trading hours on Monday, reaching $84.46. The company’s stock had a trading volume of 53,960 shares, compared to its average volume of 62,584. Avantis All International Markets Equity ETF has a fifty-two week low of $69.15 and a fifty-two week high of $86.73. The firm’s 50 day simple moving average is $83.80 and its 200-day simple moving average is $81.92. The company has a market capitalization of $717.89 million, a price-to-earnings ratio of 13.10 and a beta of 0.67.

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.