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 decline in short interest during the month of July. As of July 15th, there was short interest totaling 69,882 shares, a decline of 56.7% from the June 30th total of 161,348 shares. Based on an average daily volume of 74,951 shares, the short-interest ratio is currently 0.9 days. Currently, 0.8% of the shares of the company are sold short.

Hedge Funds Weigh In On Avantis All International Markets Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of AVNM. Duncan Williams Asset Management LLC raised its stake in shares of Avantis All International Markets Equity ETF by 3,251.6% in the fourth quarter. Duncan Williams Asset Management LLC now owns 280,261 shares of the company’s stock worth $22,214,000 after buying an additional 271,899 shares during the period. Merit Financial Group LLC grew its stake in shares of 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 valued at $142,986,000 after acquiring an additional 162,230 shares during the period. Howard Bailey Securities LLC purchased a new stake in Avantis All International Markets Equity ETF in the 4th quarter worth approximately $9,749,000. Edge Financial Advisors LLC increased its holdings in Avantis All International Markets Equity ETF by 279.8% in the 4th quarter. Edge Financial Advisors LLC now owns 164,799 shares of the company’s stock worth $12,116,000 after acquiring an additional 121,403 shares in the last quarter. Finally, Jane Street Group LLC raised its stake in Avantis All International Markets Equity ETF by 1,399.0% during the 2nd quarter. Jane Street Group LLC now owns 51,461 shares of the company’s stock worth $3,361,000 after acquiring an additional 48,028 shares during the period.

Avantis All International Markets Equity ETF Price Performance

Avantis All International Markets Equity ETF stock traded down $0.87 during midday trading on Wednesday, reaching $80.09. 45,778 shares of the company traded hands, compared to its average volume of 62,894. Avantis All International Markets Equity ETF has a 12 month low of $64.77 and a 12 month high of $85.48. The business has a 50 day moving average of $82.59 and a two-hundred day moving average of $80.58. The firm has a market capitalization of $672.76 million, a price-to-earnings ratio of 13.10 and a beta of 0.66.

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.