Short Interest in Avantis All International Markets Value ETF (NYSEARCA:AVNV) Increases By 109.3%

Avantis All International Markets Value ETF (NYSEARCA:AVNV) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 7,056 shares, a growth of 109.3% from the July 15th total of 3,371 shares. Based on an average daily volume of 10,191 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.9% of the company’s stock are sold short.

Institutional Investors Weigh In On Avantis All International Markets Value ETF

Several hedge funds have recently modified their holdings of the stock. Jane Street Group LLC purchased a new position in Avantis All International Markets Value ETF in the 2nd quarter worth approximately $19,891,000. Ridgeline Wealth LLC raised its stake in shares of Avantis All International Markets Value ETF by 9.2% during the second quarter. Ridgeline Wealth LLC now owns 91,502 shares of the company’s stock valued at $7,553,000 after purchasing an additional 7,677 shares during the period. JPMorgan Chase & Co. purchased a new stake in shares of Avantis All International Markets Value ETF during the second quarter valued at approximately $4,915,000. Susquehanna International Group LLP lifted its position in shares of Avantis All International Markets Value ETF by 20.6% during the third quarter. Susquehanna International Group LLP now owns 15,613 shares of the company’s stock worth $1,120,000 after purchasing an additional 2,668 shares in the last quarter. Finally, Financial Management Network Inc. acquired a new position in shares of Avantis All International Markets Value ETF during the first quarter worth $454,000.

Avantis All International Markets Value ETF Trading Up 0.3%

Shares of AVNV traded up $0.29 during midday trading on Friday, reaching $86.65. 1,937 shares of the company were exchanged, compared to its average volume of 11,614. Avantis All International Markets Value ETF has a 1-year low of $68.53 and a 1-year high of $86.77. The stock has a 50-day moving average price of $83.50 and a 200-day moving average price of $82.63. The company has a market cap of $69.32 million, a price-to-earnings ratio of 11.05 and a beta of 0.61.

About Avantis All International Markets Value ETF

The Avantis All International Markets Value ETF (AVNV) 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 factor-investing, focusing on securities with value characteristics and higher expected returns. AVNV was launched on Jun 27, 2023 and is managed by American Century Investments.