Short Interest in Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE) Declines By 51.2%

Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE) was the target of a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 3,338 shares, a decline of 51.2% from the February 26th total of 6,843 shares. Based on an average trading volume of 21,541 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. ARK & TLK Investments LLC bought a new stake in shares of Avantis Emerging Markets Small Cap Equity ETF in the third quarter valued at about $241,000. Plancorp LLC acquired a new position in Avantis Emerging Markets Small Cap Equity ETF in the 4th quarter valued at approximately $257,000. Jane Street Group LLC acquired a new position in Avantis Emerging Markets Small Cap Equity ETF in the 4th quarter valued at approximately $259,000. B&D White Capital Company LLC bought a new stake in shares of Avantis Emerging Markets Small Cap Equity ETF in the 4th quarter worth approximately $308,000. Finally, Cloud Capital Management LLC lifted its position in shares of Avantis Emerging Markets Small Cap Equity ETF by 8.9% in the 3rd quarter. Cloud Capital Management LLC now owns 6,804 shares of the company’s stock worth $435,000 after acquiring an additional 555 shares during the period.

Avantis Emerging Markets Small Cap Equity ETF Trading Up 0.1%

NYSEARCA:AVEE traded up $0.05 during trading hours on Friday, hitting $62.33. 15,371 shares of the company traded hands, compared to its average volume of 17,338. Avantis Emerging Markets Small Cap Equity ETF has a twelve month low of $46.33 and a twelve month high of $69.43. The firm has a 50-day moving average of $65.72 and a 200 day moving average of $64.30. The stock has a market capitalization of $87.26 million, a price-to-earnings ratio of 13.82 and a beta of 0.40.

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.