Short Interest in Avantis All International Markets Equity ETF (NYSEARCA:AVNM) Drops By 42.5%

Avantis All International Markets Equity ETF (NYSEARCA:AVNM) was the recipient of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 88,476 shares, a drop of 42.5% from the January 29th total of 153,871 shares. Approximately 1.3% of the company’s shares are short sold. Based on an average daily volume of 83,500 shares, the days-to-cover ratio is currently 1.1 days. Based on an average daily volume of 83,500 shares, the days-to-cover ratio is currently 1.1 days. Approximately 1.3% of the company’s shares are short sold.

Institutional Trading of Avantis All International Markets Equity ETF

Institutional investors have recently modified their holdings of the business. Merit Financial Group LLC raised its position in Avantis All International Markets Equity ETF by 9.1% during the 4th quarter. Merit Financial Group LLC now owns 1,944,852 shares of the company’s stock worth $142,986,000 after purchasing an additional 162,230 shares during the last quarter. Geometric Wealth Advisors increased its stake in shares of Avantis All International Markets Equity ETF by 1.5% in the fourth quarter. Geometric Wealth Advisors now owns 684,435 shares of the company’s stock valued at $50,320,000 after buying an additional 9,946 shares during the period. Commonwealth Equity Services LLC raised its position in shares of Avantis All International Markets Equity ETF by 0.8% during the third quarter. Commonwealth Equity Services LLC now owns 654,291 shares of the company’s stock worth $46,193,000 after acquiring an additional 4,903 shares during the last quarter. Wealth Management Partners LLC raised its position in shares of Avantis All International Markets Equity ETF by 2.6% during the fourth quarter. Wealth Management Partners LLC now owns 338,676 shares of the company’s stock worth $24,899,000 after acquiring an additional 8,654 shares during the last quarter. Finally, BWM Planning LLC lifted its stake in shares of 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 worth $24,655,000 after acquiring an additional 75,249 shares during the period.

Avantis All International Markets Equity ETF Price Performance

Shares of NYSEARCA:AVNM remained flat at $83.20 during midday trading on Friday. The stock had a trading volume of 112,569 shares, compared to its average volume of 66,061. The business’s 50 day simple moving average is $78.00 and its 200-day simple moving average is $73.21. Avantis All International Markets Equity ETF has a 52 week low of $51.41 and a 52 week high of $83.61. The firm has a market cap of $557.44 million, a PE ratio of 13.10 and a beta of 0.61.

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.