Avantis All International Markets Equity ETF (NYSEARCA:AVNM) Short Interest Up 98.2% in January

Avantis All International Markets Equity ETF (NYSEARCA:AVNM) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 153,871 shares, an increase of 98.2% from the January 15th total of 77,621 shares. Approximately 2.3% of the company’s shares are sold short. Based on an average trading volume of 67,758 shares, the days-to-cover ratio is presently 2.3 days. Based on an average trading volume of 67,758 shares, the days-to-cover ratio is presently 2.3 days. Approximately 2.3% of the company’s shares are sold short.

Institutional Investors Weigh In On Avantis All International Markets Equity ETF

Several institutional investors have recently made changes to their positions in the stock. CWM LLC raised its position in shares of Avantis All International Markets Equity ETF by 188.8% during the 4th quarter. CWM LLC now owns 335 shares of the company’s stock worth $25,000 after purchasing an additional 219 shares during the last quarter. Cloud Capital Management LLC raised its holdings in shares of Avantis All International Markets Equity ETF by 2.8% in the fourth quarter. Cloud Capital Management LLC now owns 8,566 shares of the company’s stock worth $629,000 after acquiring an additional 235 shares during the last quarter. Altus Wealth Group LLC lifted its position in shares of Avantis All International Markets Equity ETF by 0.9% in the fourth quarter. Altus Wealth Group LLC now owns 28,847 shares of the company’s stock valued at $2,121,000 after acquiring an additional 258 shares in the last quarter. Allworth Financial LP acquired a new stake in shares of Avantis All International Markets Equity ETF during the fourth quarter valued at $36,000. Finally, Paragon Advisors LLC raised its stake in Avantis All International Markets Equity ETF by 4.6% in the 2nd quarter. Paragon Advisors LLC now owns 11,574 shares of the company’s stock valued at $756,000 after purchasing an additional 505 shares during the last quarter.

Avantis All International Markets Equity ETF Stock Performance

Shares of AVNM traded up $0.17 during mid-day trading on Friday, hitting $81.43. 97,586 shares of the company’s stock were exchanged, compared to its average volume of 69,916. The company has a market cap of $545.58 million, a price-to-earnings ratio of 13.10 and a beta of 0.61. The stock’s 50-day moving average is $76.11 and its 200-day moving average is $72.08. Avantis All International Markets Equity ETF has a fifty-two week low of $51.41 and a fifty-two week high of $82.37.

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.