Avantis All International Markets Value ETF (NYSEARCA:AVNV) Shares Shorted: Short Interest Down 86.6% in October

Avantis All International Markets Value ETF (NYSEARCA:AVNV) was the recipient of a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 3,885 shares, a drop of 86.6% from the October 15th total of 28,969 shares. Based on an average trading volume of 8,103 shares, the short-interest ratio is presently 0.5 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Trading of Avantis All International Markets Value ETF

Several hedge funds have recently bought and sold shares of the business. StoneX Group Inc. bought a new stake in Avantis All International Markets Value ETF during the 3rd quarter valued at $7,760,000. Ridgeline Wealth LLC raised its holdings 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 buying an additional 7,677 shares during the last quarter. Commonwealth Equity Services LLC bought a new position in shares of Avantis All International Markets Value ETF in the third quarter valued at $2,525,000. BIP Wealth LLC lifted its stake 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 buying an additional 2,173 shares in the last quarter. Finally, Breakwater Capital Group grew its holdings in shares of Avantis All International Markets Value ETF by 9.4% during the third quarter. Breakwater Capital Group now owns 4,370 shares of the company’s stock valued at $370,000 after buying an additional 377 shares during the last quarter.

Avantis All International Markets Value ETF Stock Performance

Shares of NYSEARCA AVNV traded up $0.59 during midday trading on Wednesday, hitting $82.47. 358 shares of the stock traded hands, compared to its average volume of 10,766. Avantis All International Markets Value ETF has a one year low of $70.72 and a one year high of $88.48. The business has a 50 day moving average price of $84.42 and a two-hundred day moving average price of $83.29. The company has a market cap of $74.22 million, a PE ratio of 11.69 and a beta of 0.64.

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.