Short Interest in Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE) Decreases By 74.4%
by Scott Moore · The Cerbat GemAvantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE – Get Free Report) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totaling 11,184 shares, a decline of 74.4% from the March 31st total of 43,689 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily trading volume, of 8,586 shares, the days-to-cover ratio is presently 1.3 days.
Institutional Investors Weigh In On Avantis Emerging Markets Small Cap Equity ETF
Several institutional investors have recently made changes to their positions in AVEE. ARK & TLK Investments LLC purchased a new stake in shares of Avantis Emerging Markets Small Cap Equity ETF during the 3rd quarter worth $241,000. Plancorp LLC purchased a new stake in shares of Avantis Emerging Markets Small Cap Equity ETF during the 4th quarter worth $257,000. Jane Street Group LLC purchased a new stake in shares of Avantis Emerging Markets Small Cap Equity ETF during the 4th quarter worth $259,000. B&D White Capital Company LLC purchased a new stake in shares of Avantis Emerging Markets Small Cap Equity ETF during the 4th quarter worth $308,000. Finally, Cloud Capital Management LLC boosted its position in shares of Avantis Emerging Markets Small Cap Equity ETF by 8.9% during the 3rd quarter. Cloud Capital Management LLC now owns 6,804 shares of the company’s stock worth $435,000 after purchasing an additional 555 shares in the last quarter.
Avantis Emerging Markets Small Cap Equity ETF Stock Performance
AVEE traded down $0.49 during trading on Monday, hitting $69.96. The stock had a trading volume of 2,815 shares, compared to its average volume of 15,108. The firm has a market capitalization of $118.93 million, a P/E ratio of 13.82 and a beta of 0.51. Avantis Emerging Markets Small Cap Equity ETF has a twelve month low of $52.62 and a twelve month high of $71.28. The company’s 50-day moving average price is $66.04 and its 200 day moving average price is $64.65.
About Avantis Emerging Markets Small Cap Equity ETF
The Avantis Emerging Markets Small Cap Equity ETF (AVEE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap companies in the emerging market equity space, selected based on fundamental criteria. AVEE was launched on Nov 7, 2023 and is issued by American Century Investments.