Avantis All International Markets Equity ETF (NYSEARCA:AVNM) Short Interest Up 82.7% in July

Avantis All International Markets Equity ETF (NYSEARCA:AVNM) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 127,645 shares, a growth of 82.7% from the July 15th total of 69,882 shares. Based on an average daily volume of 49,889 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.5% of the company’s shares are short sold.

Avantis All International Markets Equity ETF Stock Performance

Shares of Avantis All International Markets Equity ETF stock traded up $0.24 during trading hours on Friday, hitting $85.44. The company’s stock had a trading volume of 20,261 shares, compared to its average volume of 63,298. Avantis All International Markets Equity ETF has a twelve month low of $67.37 and a twelve month high of $85.69. The firm has a fifty day moving average of $82.62 and a 200-day moving average of $81.18. The stock has a market cap of $726.24 million, a price-to-earnings ratio of 13.10 and a beta of 0.66.

Institutional Trading of Avantis All International Markets Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of AVNM. CWM LLC increased its position in shares of Avantis All International Markets Equity ETF by 188.8% during the fourth quarter. CWM LLC now owns 335 shares of the company’s stock valued at $25,000 after acquiring an additional 219 shares during the last quarter. Team Financial Group LLC acquired a new position in shares of Avantis All International Markets Equity ETF in the 1st quarter worth approximately $30,000. Allworth Financial LP purchased a new position in shares of Avantis All International Markets Equity ETF during the 4th quarter worth approximately $36,000. Global Retirement Partners LLC purchased a new position in shares of Avantis All International Markets Equity ETF during the 4th quarter worth approximately $99,000. Finally, Royal Bank of Canada increased its holdings in Avantis All International Markets Equity ETF by 167.9% in the 4th quarter. Royal Bank of Canada now owns 2,925 shares of the company’s stock valued at $215,000 after purchasing an additional 1,833 shares during the last quarter.

Avantis All International Markets Equity ETF Company Profile

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.