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

Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 1,319,362 shares, a decrease of 36.0% from the July 30th total of 2,062,642 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 1,593,673 shares, the short-interest ratio is presently 0.8 days.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $94.81 on Thursday. The firm has a market cap of $26.98 billion, a P/E ratio of 12.66 and a beta of 0.74. Avantis Emerging Markets Equity ETF has a 1 year low of $70.69 and a 1 year high of $100.83. The firm’s 50 day moving average price is $92.53 and its 200 day moving average price is $90.23.

Institutional Investors Weigh In On Avantis Emerging Markets Equity ETF

Several hedge funds have recently made changes to their positions in the business. Winch Advisory Services LLC acquired a new position in Avantis Emerging Markets Equity ETF in the first quarter valued at $26,000. JFS Wealth Advisors LLC boosted its stake in Avantis Emerging Markets Equity ETF by 67.3% in the 2nd quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock worth $27,000 after buying an additional 111 shares during the last quarter. Glenmede Trust Co. NA purchased a new stake in Avantis Emerging Markets Equity ETF in the 1st quarter valued at about $31,000. Rothschild Investment LLC grew its holdings in Avantis Emerging Markets Equity ETF by 192.7% in the 4th quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock valued at $34,000 after buying an additional 289 shares during the period. Finally, MidAtlantic Capital Management Inc. acquired a new position in shares of Avantis Emerging Markets Equity ETF during the 4th quarter valued at about $36,000.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.