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

Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) was the recipient of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 1,461,500 shares, a decline of 25.4% from the January 15th total of 1,960,168 shares. Based on an average trading volume of 1,702,273 shares, the short-interest ratio is presently 0.9 days. Approximately 0.7% of the company’s shares are short sold. Approximately 0.7% of the company’s shares are short sold. Based on an average trading volume of 1,702,273 shares, the short-interest ratio is presently 0.9 days.

Institutional Investors Weigh In On Avantis Emerging Markets Equity ETF

Large investors have recently made changes to their positions in the business. Retirement Financial Solutions LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the 4th quarter worth $11,019,000. MML Investors Services LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 9.5% during the fourth quarter. MML Investors Services LLC now owns 1,972,171 shares of the company’s stock worth $151,897,000 after purchasing an additional 171,532 shares in the last quarter. Motiv8 Investments LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter worth about $47,000. Nicolet Advisory Services LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 54.5% in the fourth quarter. Nicolet Advisory Services LLC now owns 754,863 shares of the company’s stock worth $61,136,000 after buying an additional 266,256 shares during the period. Finally, Generations Wealth LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter valued at about $216,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:AVEM opened at $86.27 on Tuesday. The stock has a 50-day simple moving average of $80.50 and a 200-day simple moving average of $76.69. The stock has a market capitalization of $19.07 billion, a P/E ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $87.56.

About Avantis Emerging Markets Equity ETF

The Avantis Emerging Markets Equity ETF (AVEM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that holds emerging-market stocks of all market capitalizations considered favorable on multiple factors. The fund seeks to provide capital appreciation. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.