Avantis Emerging Markets Value ETF (NYSEARCA:AVES) Short Interest Up 83.5% in July
by Kim Johansen · The Markets DailyAvantis Emerging Markets Value ETF (NYSEARCA:AVES – Get Free Report) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 273,369 shares, an increase of 83.5% from the July 15th total of 148,962 shares. Currently, 1.2% of the shares of the company are short sold. Based on an average daily volume of 125,674 shares, the days-to-cover ratio is currently 2.2 days.
Institutional Trading of Avantis Emerging Markets Value ETF
A number of institutional investors have recently made changes to their positions in AVES. EJMK Ventures LLC purchased a new position in shares of Avantis Emerging Markets Value ETF in the 4th quarter worth $1,863,000. MCF Advisors LLC purchased a new stake in Avantis Emerging Markets Value ETF during the fourth quarter valued at $545,000. marrick wealth LLC bought a new position in Avantis Emerging Markets Value ETF in the fourth quarter valued at about $531,000. Greenspring Advisors LLC lifted its holdings in Avantis Emerging Markets Value ETF by 293.9% in the fourth quarter. Greenspring Advisors LLC now owns 75,242 shares of the company’s stock valued at $4,387,000 after acquiring an additional 56,139 shares during the period. Finally, Summit Portfolio Management LTD. purchased a new position in Avantis Emerging Markets Value ETF in the first quarter worth about $6,538,000.
Avantis Emerging Markets Value ETF Price Performance
Shares of Avantis Emerging Markets Value ETF stock traded up $0.37 during trading on Monday, hitting $65.94. 82,505 shares of the company’s stock traded hands, compared to its average volume of 123,635. Avantis Emerging Markets Value ETF has a 1 year low of $55.00 and a 1 year high of $69.06. The business has a 50-day simple moving average of $64.85 and a 200-day simple moving average of $64.26. The stock has a market capitalization of $1.50 billion, a P/E ratio of 10.65 and a beta of 0.70.
Avantis Emerging Markets Value ETF Company Profile
The Avantis Emerging Markets Value ETF (AVES) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of emerging market equities with lower prices relative to their book values. AVES was launched on Sep 28, 2021 and is managed by American Century Investments.