Avantis All International Markets Equity ETF (NYSEARCA:AVNM) Short Interest Update

Avantis All International Markets Equity ETF (NYSEARCA:AVNM) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 77,621 shares, an increase of 373.6% from the December 31st total of 16,389 shares. Based on an average daily volume of 58,630 shares, the short-interest ratio is presently 1.3 days. Currently, 1.2% of the company’s stock are short sold. Currently, 1.2% of the company’s stock are short sold. Based on an average daily volume of 58,630 shares, the short-interest ratio is presently 1.3 days.

Hedge Funds Weigh In On Avantis All International Markets Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Osaic Holdings Inc. increased its position in Avantis All International Markets Equity ETF by 30.7% in the second quarter. Osaic Holdings Inc. now owns 29,894 shares of the company’s stock worth $1,952,000 after buying an additional 7,021 shares in the last quarter. Edge Financial Advisors LLC boosted its stake in shares of Avantis All International Markets Equity ETF by 101.0% in the third quarter. Edge Financial Advisors LLC now owns 43,396 shares of the company’s stock worth $3,064,000 after acquiring an additional 21,808 shares during the period. Merit Financial Group LLC bought a new position in Avantis All International Markets Equity ETF in the 2nd quarter worth approximately $111,831,000. FMB Wealth Management purchased a new position in shares of Avantis All International Markets Equity ETF in the second quarter worth $257,000. Finally, BWM Planning LLC increased its holdings in Avantis All International Markets Equity ETF by 23.6% in the 2nd quarter. BWM Planning LLC now owns 238,643 shares of the company’s stock valued at $15,586,000 after acquiring an additional 45,565 shares during the last quarter.

Avantis All International Markets Equity ETF Price Performance

Shares of NYSEARCA:AVNM opened at $79.59 on Wednesday. Avantis All International Markets Equity ETF has a 1 year low of $51.41 and a 1 year high of $79.65. The company has a market cap of $525.29 million, a P/E ratio of 13.10 and a beta of 0.61. The stock’s fifty day moving average price is $73.94 and its 200-day moving average price is $70.91.

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.