Short Interest in Avantis All International Markets Equity ETF (NYSEARCA:AVNM) Declines By 56.2%

Avantis All International Markets Equity ETF (NYSEARCA:AVNM) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 80,987 shares, a decrease of 56.2% from the August 15th total of 184,778 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 49,863 shares, the short-interest ratio is presently 1.6 days.

Avantis All International Markets Equity ETF Stock Performance

Shares of AVNM traded down $0.80 during trading hours on Monday, reaching $84.46. The stock had a trading volume of 53,960 shares, compared to its average volume of 62,584. Avantis All International Markets Equity ETF has a 12 month low of $69.15 and a 12 month high of $86.73. The stock has a market capitalization of $717.89 million, a PE ratio of 13.10 and a beta of 0.67. The company’s 50-day moving average is $83.80 and its two-hundred day moving average is $81.92.

Institutional Trading of Avantis All International Markets Equity ETF

A number of hedge funds have recently made changes to their positions in AVNM. Wealth Management Partners LLC increased its stake in shares of Avantis All International Markets Equity ETF by 12.5% in the first quarter. Wealth Management Partners LLC now owns 380,960 shares of the company’s stock valued at $29,018,000 after buying an additional 42,284 shares during the period. Geometric Wealth Advisors boosted its position in Avantis All International Markets Equity ETF by 1.5% during the 4th quarter. Geometric Wealth Advisors now owns 684,435 shares of the company’s stock worth $50,320,000 after buying an additional 9,946 shares during the period. Kestra Private Wealth Services LLC grew its holdings in Avantis All International Markets Equity ETF by 42.2% during the 1st quarter. Kestra Private Wealth Services LLC now owns 35,401 shares of the company’s stock worth $2,697,000 after acquiring an additional 10,500 shares during the last quarter. Duncan Williams Asset Management LLC grew its holdings in Avantis All International Markets Equity ETF by 3,251.6% during the 4th quarter. Duncan Williams Asset Management LLC now owns 280,261 shares of the company’s stock worth $22,214,000 after acquiring an additional 271,899 shares during the last quarter. Finally, Howard Bailey Securities LLC acquired a new position in Avantis All International Markets Equity ETF in the 4th quarter valued at approximately $9,749,000.

Avantis All International Markets Equity ETF Company Profile

The Avantis All International Markets Equity ETF (AVNM) 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 securities with higher expected returns. AVNM was launched on Jun 27, 2023 and is managed by American Century Investments.