Avantis All International Markets Value ETF (NYSEARCA:AVNV) Sees Significant Increase in Short Interest

Avantis All International Markets Value ETF (NYSEARCA:AVNV) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 28,969 shares, a growth of 61.8% from the September 30th total of 17,907 shares. Approximately 3.2% of the company’s stock are sold short. Based on an average daily volume of 6,069 shares, the short-interest ratio is currently 4.8 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Ridgeline Wealth LLC boosted its position in Avantis All International Markets Value ETF by 9.2% during the second quarter. Ridgeline Wealth LLC now owns 91,502 shares of the company’s stock worth $7,553,000 after purchasing an additional 7,677 shares during the period. Prudent Investor Advisors LLC acquired a new position in Avantis All International Markets Value ETF during the third quarter valued at approximately $303,000. BIP Wealth LLC raised its position in shares of Avantis All International Markets Value ETF by 51.6% in the third quarter. BIP Wealth LLC now owns 6,387 shares of the company’s stock valued at $540,000 after purchasing an additional 2,173 shares during the period. Finally, Breakwater Capital Group raised its position in shares of Avantis All International Markets Value ETF by 9.4% in the third quarter. Breakwater Capital Group now owns 4,370 shares of the company’s stock valued at $370,000 after purchasing an additional 377 shares during the period.

Avantis All International Markets Value ETF Trading Up 0.9%

Avantis All International Markets Value ETF stock traded up $0.70 during mid-day trading on Monday, hitting $82.24. 1,698 shares of the company’s stock were exchanged, compared to its average volume of 10,672. Avantis All International Markets Value ETF has a 1-year low of $70.72 and a 1-year high of $88.48. The stock has a 50 day moving average of $85.23 and a two-hundred day moving average of $83.17. The stock has a market cap of $74.02 million, a P/E ratio of 11.05 and a beta of 0.62.

Avantis All International Markets Value ETF Company Profile

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.