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

Avantis All International Markets Equity ETF (NYSEARCA:AVNM) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 77,621 shares, an increase of 373.6% from the December 31st total of 16,389 shares. Approximately 1.2% of the company’s stock are sold short. Based on an average daily trading volume, of 58,630 shares, the days-to-cover ratio is currently 1.3 days. Based on an average daily trading volume, of 58,630 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.2% of the company’s stock are sold short.

Avantis All International Markets Equity ETF Stock Up 0.4%

Shares of AVNM stock opened at $79.64 on Friday. The firm has a market cap of $525.62 million, a PE ratio of 13.10 and a beta of 0.61. The company’s fifty day simple moving average is $74.33 and its 200-day simple moving average is $71.03. Avantis All International Markets Equity ETF has a 12 month low of $51.41 and a 12 month high of $80.09.

Institutional Investors Weigh In On Avantis All International Markets Equity ETF

Hedge funds have recently added to or reduced their stakes in the business. Merit Financial Group LLC lifted its position in Avantis All International Markets Equity ETF by 9.1% during the fourth quarter. Merit Financial Group LLC now owns 1,944,852 shares of the company’s stock worth $142,986,000 after acquiring an additional 162,230 shares during the last quarter. Geometric Wealth Advisors grew its holdings in shares of Avantis All International Markets Equity ETF by 0.6% during the 3rd quarter. Geometric Wealth Advisors now owns 674,489 shares of the company’s stock worth $47,619,000 after purchasing an additional 3,824 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of Avantis All International Markets Equity ETF by 0.8% in the third quarter. Commonwealth Equity Services LLC now owns 654,291 shares of the company’s stock worth $46,193,000 after purchasing an additional 4,903 shares during the period. Wealth Management Partners LLC raised its stake in Avantis All International Markets Equity ETF by 2.6% in the fourth quarter. Wealth Management Partners LLC now owns 338,676 shares of the company’s stock valued at $24,899,000 after purchasing an additional 8,654 shares in the last quarter. Finally, BWM Planning LLC raised its stake in Avantis All International Markets Equity ETF by 28.9% in the fourth quarter. BWM Planning LLC now owns 335,347 shares of the company’s stock valued at $24,655,000 after purchasing an additional 75,249 shares in the last quarter.

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.