Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Short Interest Update

Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 130,600 shares, a drop of 76.1% from the August 31st total of 546,700 shares. Based on an average daily trading volume, of 828,800 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 828,800 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Avantis Emerging Markets Equity ETF

A number of hedge funds have recently bought and sold shares of AVEM. Janney Montgomery Scott LLC purchased a new position in Avantis Emerging Markets Equity ETF in the first quarter worth about $1,410,000. Royal Bank of Canada increased its position in shares of Avantis Emerging Markets Equity ETF by 7.8% during the first quarter. Royal Bank of Canada now owns 290,593 shares of the company’s stock valued at $17,485,000 after acquiring an additional 20,996 shares in the last quarter. Brown Advisory Inc. purchased a new position in Avantis Emerging Markets Equity ETF in the 1st quarter worth approximately $426,000. Stone Summit Wealth LLC lifted its position in Avantis Emerging Markets Equity ETF by 2.8% in the 2nd quarter. Stone Summit Wealth LLC now owns 34,371 shares of the company’s stock valued at $2,356,000 after acquiring an additional 935 shares in the last quarter. Finally, XY Planning Network Inc. boosted its stake in Avantis Emerging Markets Equity ETF by 89.7% during the 2nd quarter. XY Planning Network Inc. now owns 7,745 shares of the company’s stock valued at $531,000 after purchasing an additional 3,663 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.2%

Avantis Emerging Markets Equity ETF stock opened at $75.91 on Friday. Avantis Emerging Markets Equity ETF has a 12 month low of $52.52 and a 12 month high of $76.37. The company has a market capitalization of $13.62 billion, a price-to-earnings ratio of 12.66 and a beta of 0.80. The business’s fifty day simple moving average is $72.26 and its two-hundred day simple moving average is $66.78.

Avantis Emerging Markets Equity ETF Company Profile

The Avantis Emerging Markets Equity ETF (AVEM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that holds emerging-market stocks of all market capitalizations considered favorable on multiple factors. The fund seeks to provide capital appreciation.