Avantis All International Markets Value ETF (NYSEARCA:AVNV) Short Interest Down 83.5% in July

Avantis All International Markets Value ETF (NYSEARCA:AVNV) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 3,371 shares, a decline of 83.5% from the June 30th total of 20,416 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average trading volume of 11,608 shares, the days-to-cover ratio is presently 0.3 days.

Avantis All International Markets Value ETF Price Performance

Shares of NYSEARCA:AVNV traded down $0.13 during trading on Monday, reaching $82.28. 6,762 shares of the stock were exchanged, compared to its average volume of 11,792. The stock has a fifty day moving average of $83.57 and a two-hundred day moving average of $81.93. The firm has a market cap of $65.82 million, a price-to-earnings ratio of 11.05 and a beta of 0.61. Avantis All International Markets Value ETF has a 1-year low of $65.63 and a 1-year high of $86.35.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ridgeline Wealth LLC grew its stake in shares of Avantis All International Markets Value ETF by 9.2% during the 2nd quarter. Ridgeline Wealth LLC now owns 91,502 shares of the company’s stock worth $7,553,000 after acquiring an additional 7,677 shares during the period. Breakwater Capital Group boosted its stake in shares of Avantis All International Markets Value ETF by 8.8% in the 1st quarter. Breakwater Capital Group now owns 4,018 shares of the company’s stock valued at $315,000 after purchasing an additional 324 shares in the last quarter. Financial Management Network Inc. bought a new position in Avantis All International Markets Value ETF during the 1st quarter worth approximately $454,000. Jane Street Group LLC increased its position in shares of Avantis All International Markets Value ETF by 11.1% in the fourth quarter. Jane Street Group LLC now owns 18,451 shares of the company’s stock valued at $1,380,000 after acquiring an additional 1,840 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of Avantis All International Markets Value ETF by 4.7% during the fourth quarter. JPMorgan Chase & Co. now owns 67,562 shares of the company’s stock valued at $5,053,000 after acquiring an additional 3,023 shares in the last quarter.

About Avantis All International Markets Value ETF

The Avantis All International Markets Value ETF (AVNV) 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 factor-investing, focusing on securities with value characteristics and higher expected returns. AVNV was launched on Jun 27, 2023 and is managed by American Century Investments.