Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE) Stock Short Interest Falls 71.5%

by · The Markets Daily

Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE – Get Free Report) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 41,704 shares, a decrease of 71.5% from the August 31st total of 146,102 shares. Based on an average daily volume of 15,670 shares, the short-interest ratio is presently 2.7 days. Currently, 2.1% of the company’s stock are sold short.

Institutional Trading of Avantis Emerging Markets Small Cap Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Lam Group Inc. raised its position in shares of Avantis Emerging Markets Small Cap Equity ETF by 5.0% in the 1st quarter. Lam Group Inc. now owns 9,285 shares of the company’s stock worth $589,000 after acquiring an additional 445 shares in the last quarter. B&D White Capital Company LLC grew its stake in Avantis Emerging Markets Small Cap Equity ETF by 10.8% in the first quarter. B&D White Capital Company LLC now owns 5,463 shares of the company’s stock valued at $347,000 after purchasing an additional 531 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new position in Avantis Emerging Markets Small Cap Equity ETF in the second quarter valued at about $41,000. CAP Partners LLC raised its holdings in Avantis Emerging Markets Small Cap Equity ETF by 4.6% in the first quarter. CAP Partners LLC now owns 14,406 shares of the company’s stock worth $914,000 after purchasing an additional 635 shares in the last quarter. Finally, Ares Financial Consulting LLC raised its holdings in Avantis Emerging Markets Small Cap Equity ETF by 807.5% in the second quarter. Ares Financial Consulting LLC now owns 2,432 shares of the company’s stock worth $169,000 after purchasing an additional 2,164 shares in the last quarter.

Avantis Emerging Markets Small Cap Equity ETF Stock Up 0.7%

Shares of NYSEARCA AVEE traded up $0.50 during midday trading on Friday, reaching $68.67. 12,345 shares of the company’s stock traded hands, compared to its average volume of 13,780. The company has a market cap of $137.34 million, a price-to-earnings ratio of 13.82 and a beta of 0.71. The stock’s 50 day simple moving average is $67.74 and its 200-day simple moving average is $68.10. Avantis Emerging Markets Small Cap Equity ETF has a one year low of $60.89 and a one year high of $72.93.

About Avantis Emerging Markets Small Cap Equity ETF

(Get Free Report)

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.

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