Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Stock Short Interest Report for October

Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 4,058,684 shares, an increase of 135.1% from the September 30th total of 1,726,583 shares. Based on an average trading volume of 1,710,744 shares, the days-to-cover ratio is presently 2.4 days. Currently, 1.3% of the shares of the stock are short sold.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $86.02 on Friday. The firm has a market capitalization of $26.57 billion, a P/E ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a one year low of $73.79 and a one year high of $100.83. The company’s fifty day moving average is $93.09 and its two-hundred day moving average is $90.00.

Hedge Funds Weigh In On Avantis Emerging Markets Equity ETF

Large investors have recently made changes to their positions in the stock. Chicago Partners Investment Group LLC purchased a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at about $5,413,000. Kelleher Financial Advisors acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at approximately $2,382,000. Team Financial Group LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at approximately $67,000. Legacy CG LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 5.7% during the 3rd quarter. Legacy CG LLC now owns 133,433 shares of the company’s stock valued at $12,545,000 after buying an additional 7,240 shares during the last quarter. Finally, Bauman Advisory Group LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 7.2% during the 3rd quarter. Bauman Advisory Group LLC now owns 63,705 shares of the company’s stock valued at $5,990,000 after buying an additional 4,281 shares during the last quarter.

About Avantis Emerging Markets Equity ETF

The Avantis Emerging Markets Equity ETF (AVEM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that holds emerging-market stocks of all market capitalizations considered favorable on multiple factors. The fund seeks to provide capital appreciation. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.