Avantis All International Markets Equity ETF (NYSEARCA:AVNM) Stock Short Interest Declines 40.7%

Avantis All International Markets Equity ETF (NYSEARCA:AVNM) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 66,871 shares, a drop of 40.7% from the September 15th total of 112,721 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average trading volume of 104,504 shares, the days-to-cover ratio is currently 0.6 days.

Avantis All International Markets Equity ETF Stock Down 0.5%

AVNM stock traded down $0.38 during mid-day trading on Friday, reaching $81.78. 17,563 shares of the stock traded hands, compared to its average volume of 65,128. The firm has a market capitalization of $768.74 million, a PE ratio of 13.10 and a beta of 0.68. The business has a 50-day moving average of $84.50 and a two-hundred day moving average of $82.85. Avantis All International Markets Equity ETF has a 52 week low of $69.39 and a 52 week high of $86.73.

Institutional Trading of Avantis All International Markets Equity ETF

Several hedge funds have recently added to or reduced their stakes in the business. Team Financial Group LLC acquired a new position in Avantis All International Markets Equity ETF during the 1st quarter valued at $30,000. Pension & Wealth Management Advisors Inc. acquired a new stake in shares of Avantis All International Markets Equity ETF during the 3rd quarter worth approximately $35,000. Orion Capital Management LLC increased its position in shares of Avantis All International Markets Equity ETF by 817.5% during the second quarter. Orion Capital Management LLC now owns 523 shares of the company’s stock valued at $43,000 after purchasing an additional 466 shares during the period. HBW Advisory Services LLC bought a new stake in shares of Avantis All International Markets Equity ETF during the third quarter valued at approximately $243,000. Finally, XY Planning Network Inc. raised its stake in shares of Avantis All International Markets Equity ETF by 3.8% in the second quarter. XY Planning Network Inc. now owns 3,928 shares of the company’s stock valued at $324,000 after purchasing an additional 143 shares in 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.