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

Avantis All International Markets Equity ETF (NYSEARCA:AVNM) was the recipient of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 112,671 shares, a growth of 27.3% from the February 12th total of 88,476 shares. Based on an average daily trading volume, of 53,280 shares, the days-to-cover ratio is presently 2.1 days. Currently, 1.7% of the shares of the company are short sold. Currently, 1.7% of the shares of the company are short sold. Based on an average daily trading volume, of 53,280 shares, the days-to-cover ratio is presently 2.1 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of AVNM. Osaic Holdings Inc. raised its holdings in Avantis All International Markets Equity ETF by 39.1% during the fourth quarter. Osaic Holdings Inc. now owns 42,908 shares of the company’s stock valued at $3,155,000 after acquiring an additional 12,052 shares during the period. Captrust Financial Advisors bought a new position in shares of Avantis All International Markets Equity ETF in the fourth quarter worth about $1,528,000. Royal Bank of Canada grew its position in shares of Avantis All International Markets Equity ETF by 167.9% during the fourth quarter. Royal Bank of Canada now owns 2,925 shares of the company’s stock worth $215,000 after purchasing an additional 1,833 shares in the last quarter. B&D White Capital Company LLC grew its position in shares of Avantis All International Markets Equity ETF by 0.3% during the fourth quarter. B&D White Capital Company LLC now owns 139,865 shares of the company’s stock worth $10,283,000 after purchasing an additional 359 shares in the last quarter. Finally, Altus Wealth Group LLC raised its stake in Avantis All International Markets Equity ETF by 0.9% during the 4th quarter. Altus Wealth Group LLC now owns 28,847 shares of the company’s stock valued at $2,121,000 after purchasing an additional 258 shares during the period.

Avantis All International Markets Equity ETF Stock Up 2.7%

NYSEARCA:AVNM traded up $2.02 during trading hours on Tuesday, hitting $77.67. 719 shares of the stock traded hands, compared to its average volume of 73,478. The company has a market cap of $520.39 million, a price-to-earnings ratio of 13.10 and a beta of 0.61. Avantis All International Markets Equity ETF has a 1 year low of $51.41 and a 1 year high of $83.61. The stock has a 50 day moving average price of $78.95 and a 200 day moving average price of $74.04.

Avantis All International Markets Equity ETF Company Profile

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.