Avantis Emerging Markets Value ETF (NYSEARCA:AVES) Short Interest Up 253.8% in December

Avantis Emerging Markets Value ETF (NYSEARCA:AVES) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 84,256 shares, a growth of 253.8% from the November 30th total of 23,813 shares. Based on an average trading volume of 46,636 shares, the days-to-cover ratio is presently 1.8 days. Approximately 0.6% of the shares of the stock are sold short. Approximately 0.6% of the shares of the stock are sold short. Based on an average trading volume of 46,636 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Trading of Avantis Emerging Markets Value ETF

A number of hedge funds have recently bought and sold shares of the business. PNC Financial Services Group Inc. boosted its stake in shares of Avantis Emerging Markets Value ETF by 416.6% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,464 shares of the company’s stock valued at $132,000 after buying an additional 1,987 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of Avantis Emerging Markets Value ETF by 77.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,720 shares of the company’s stock valued at $128,000 after purchasing an additional 1,191 shares during the last quarter. Creative Planning lifted its position in shares of Avantis Emerging Markets Value ETF by 12.0% during the 2nd quarter. Creative Planning now owns 51,980 shares of the company’s stock worth $2,783,000 after purchasing an additional 5,555 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in Avantis Emerging Markets Value ETF by 39.7% in the second quarter. Farther Finance Advisors LLC now owns 7,535 shares of the company’s stock valued at $403,000 after buying an additional 2,143 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in Avantis Emerging Markets Value ETF by 53.5% in the second quarter. American Century Companies Inc. now owns 1,468,649 shares of the company’s stock valued at $78,639,000 after buying an additional 511,891 shares in the last quarter.

Avantis Emerging Markets Value ETF Stock Performance

Shares of NYSEARCA:AVES traded up $0.08 during trading on Thursday, reaching $58.33. The stock had a trading volume of 18,168 shares, compared to its average volume of 45,447. Avantis Emerging Markets Value ETF has a 1-year low of $41.68 and a 1-year high of $59.27. The stock has a market cap of $834.12 million, a PE ratio of 10.65 and a beta of 0.66. The business has a fifty day moving average price of $57.97 and a 200-day moving average price of $56.25.

Avantis Emerging Markets Value ETF Company Profile

The Avantis Emerging Markets Value ETF (AVES) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of emerging market equities with lower prices relative to their book values. AVES was launched on Sep 28, 2021 and is managed by American Century Investments.