Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE) Short Interest Up 312.6% in February

Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 31,648 shares, an increase of 312.6% from the January 29th total of 7,670 shares. Approximately 2.3% of the company’s shares are short sold. Based on an average daily trading volume, of 11,597 shares, the short-interest ratio is currently 2.7 days. Based on an average daily trading volume, of 11,597 shares, the short-interest ratio is currently 2.7 days. Approximately 2.3% of the company’s shares are short sold.

Avantis Emerging Markets Small Cap Equity ETF Stock Up 0.4%

Shares of AVEE opened at $69.21 on Thursday. Avantis Emerging Markets Small Cap Equity ETF has a fifty-two week low of $46.33 and a fifty-two week high of $69.27. The company’s fifty day moving average is $65.16 and its two-hundred day moving average is $64.03. The firm has a market cap of $96.89 million, a PE ratio of 13.82 and a beta of 0.40.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Index Fund Advisors Inc. raised its holdings in shares of Avantis Emerging Markets Small Cap Equity ETF by 21.8% in the 4th quarter. Index Fund Advisors Inc. now owns 107,357 shares of the company’s stock worth $6,700,000 after purchasing an additional 19,226 shares in the last quarter. American Century Companies Inc. boosted its stake in Avantis Emerging Markets Small Cap Equity ETF by 6.9% during the second quarter. American Century Companies Inc. now owns 95,757 shares of the company’s stock worth $5,769,000 after buying an additional 6,149 shares in the last quarter. Cornerstone Wealth Partners LLC acquired a new stake in shares of Avantis Emerging Markets Small Cap Equity ETF during the fourth quarter worth approximately $5,751,000. Timonier Family Office LTD. grew its holdings in Avantis Emerging Markets Small Cap Equity ETF by 6.8% during the 4th quarter. Timonier Family Office LTD. now owns 78,632 shares of the company’s stock worth $4,907,000 after acquiring an additional 5,028 shares during the last quarter. Finally, Vista Capital Partners Inc. bought a new position in Avantis Emerging Markets Small Cap Equity ETF in the second quarter valued at about $1,617,000.

About Avantis Emerging Markets Small Cap Equity ETF

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.