Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE) Short Interest Up 141.0% in July

Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 49,734 shares, an increase of 141.0% from the June 30th total of 20,636 shares. Approximately 2.8% of the shares of the company are short sold. Based on an average daily trading volume, of 11,931 shares, the days-to-cover ratio is currently 4.2 days.

Hedge Funds Weigh In On Avantis Emerging Markets Small Cap Equity ETF

Large investors have recently bought and sold shares of the business. Ares Financial Consulting LLC boosted its position in Avantis Emerging Markets Small Cap Equity ETF by 807.5% during the second quarter. Ares Financial Consulting LLC now owns 2,432 shares of the company’s stock worth $169,000 after purchasing an additional 2,164 shares in the last quarter. Evanson Financial LLC purchased a new stake in shares of Avantis Emerging Markets Small Cap Equity ETF in the second quarter valued at approximately $204,000. Plancorp LLC acquired a new position in shares of Avantis Emerging Markets Small Cap Equity ETF during the 4th quarter worth approximately $257,000. Jane Street Group LLC acquired a new position in shares of Avantis Emerging Markets Small Cap Equity ETF during the 4th quarter worth approximately $259,000. Finally, B&D White Capital Company LLC purchased a new position in shares of Avantis Emerging Markets Small Cap Equity ETF during the 4th quarter valued at approximately $308,000.

Avantis Emerging Markets Small Cap Equity ETF Trading Down 2.5%

Shares of Avantis Emerging Markets Small Cap Equity ETF stock traded down $1.60 during trading hours on Wednesday, reaching $62.31. The stock had a trading volume of 26,272 shares, compared to its average volume of 13,668. The stock’s 50 day moving average is $68.91 and its 200 day moving average is $67.50. Avantis Emerging Markets Small Cap Equity ETF has a twelve month low of $59.88 and a twelve month high of $72.93. The firm has a market capitalization of $112.16 million, a PE ratio of 13.82 and a beta of 0.65.

Avantis Emerging Markets Small Cap Equity ETF Company Profile

The Avantis Emerging Markets Small Cap Equity ETF (AVEE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap companies in the emerging market equity space, selected based on fundamental criteria. AVEE was launched on Nov 7, 2023 and is issued by American Century Investments.