Short Interest in Avantis All International Markets Equity ETF (NYSEARCA:AVNM) Drops By 67.3%

by · The Cerbat Gem

Avantis All International Markets Equity ETF (NYSEARCA:AVNM – Get Free Report) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totaling 39,531 shares, a decline of 67.3% from the April 30th total of 120,798 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 49,329 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On Avantis All International Markets Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. CWM LLC raised its stake in shares of Avantis All International Markets Equity ETF by 188.8% during the 4th quarter. CWM LLC now owns 335 shares of the company’s stock worth $25,000 after purchasing an additional 219 shares in the last quarter. Cloud Capital Management LLC raised its stake in shares of Avantis All International Markets Equity ETF by 2.8% during the 4th quarter. Cloud Capital Management LLC now owns 8,566 shares of the company’s stock worth $629,000 after purchasing an additional 235 shares in the last quarter. Altus Wealth Group LLC raised its stake in shares of Avantis All International Markets Equity ETF by 0.9% during the 4th quarter. Altus Wealth Group LLC now owns 28,847 shares of the company’s stock worth $2,121,000 after purchasing an additional 258 shares in the last quarter. B&D White Capital Company LLC raised its stake in shares of Avantis All International Markets Equity ETF by 0.3% during the 4th quarter. B&D White Capital Company LLC now owns 139,865 shares of the company’s stock worth $10,283,000 after purchasing an additional 359 shares in the last quarter. Finally, Team Financial Group LLC bought a new stake in shares of Avantis All International Markets Equity ETF during the 1st quarter worth approximately $30,000.

Avantis All International Markets Equity ETF Stock Performance

NYSEARCA AVNM traded up $0.15 during trading on Friday, hitting $84.63. The stock had a trading volume of 76,496 shares, compared to its average volume of 64,673. The company has a market capitalization of $643.19 million, a PE ratio of 13.10 and a beta of 0.65. The company’s 50-day moving average price is $80.48 and its two-hundred day moving average price is $77.62. Avantis All International Markets Equity ETF has a 12 month low of $63.10 and a 12 month high of $85.05.

About Avantis All International Markets Equity ETF

(Get Free Report)

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.

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