Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) Short Interest Update

Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 63,585 shares, an increase of 882.2% from the December 31st total of 6,474 shares. Approximately 2.4% of the shares of the company are short sold. Based on an average trading volume of 18,246 shares, the days-to-cover ratio is presently 3.5 days. Based on an average trading volume of 18,246 shares, the days-to-cover ratio is presently 3.5 days. Approximately 2.4% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Focus Partners Wealth bought a new stake in shares of Avantis Responsible Emerging Markets Equity ETF during the 1st quarter valued at $674,000. Truist Financial Corp bought a new stake in Avantis Responsible Emerging Markets Equity ETF during the second quarter worth about $203,000. Apollon Wealth Management LLC lifted its position in Avantis Responsible Emerging Markets Equity ETF by 39.8% during the second quarter. Apollon Wealth Management LLC now owns 6,672 shares of the company’s stock worth $391,000 after purchasing an additional 1,899 shares during the period. Opes Wealth Management LLC grew its stake in Avantis Responsible Emerging Markets Equity ETF by 0.8% during the second quarter. Opes Wealth Management LLC now owns 22,679 shares of the company’s stock worth $1,330,000 after buying an additional 175 shares in the last quarter. Finally, AlTi Global Inc. bought a new position in Avantis Responsible Emerging Markets Equity ETF in the 2nd quarter valued at about $494,000.

Avantis Responsible Emerging Markets Equity ETF Stock Performance

AVSE traded up $0.41 during trading hours on Wednesday, reaching $71.19. The company’s stock had a trading volume of 2,820 shares, compared to its average volume of 12,595. The company’s 50-day moving average is $65.86 and its 200-day moving average is $63.67. Avantis Responsible Emerging Markets Equity ETF has a 52 week low of $45.01 and a 52 week high of $71.25. The firm has a market cap of $192.20 million, a PE ratio of 13.19 and a beta of 0.71.

Avantis Responsible Emerging Markets Equity ETF Company Profile

The Avantis Responsible Emerging Markets Equity ETF (AVSE) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in companies of all market capitalizations in emerging markets. Holdings are screened for multiple ESG metrics and fundamental criteria AVSE was launched on Mar 28, 2022 and is managed by American Century Investments.