Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE) Sees Significant Decrease in Short Interest

Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 3,469 shares, a decline of 93.7% from the December 31st total of 55,379 shares. Based on an average daily trading volume, of 11,518 shares, the short-interest ratio is currently 0.3 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 11,518 shares, the short-interest ratio is currently 0.3 days.

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

Institutional investors and hedge funds have recently modified their holdings of the business. Index Fund Advisors Inc. increased its holdings in Avantis Emerging Markets Small Cap Equity ETF by 22.4% during the third quarter. Index Fund Advisors Inc. now owns 88,131 shares of the company’s stock worth $5,651,000 after buying an additional 16,125 shares during the last quarter. CAP Partners LLC grew its stake in Avantis Emerging Markets Small Cap Equity ETF by 2.8% in the 2nd quarter. CAP Partners LLC now owns 13,224 shares of the company’s stock valued at $797,000 after buying an additional 363 shares during the last quarter. Tortoise Investment Management LLC grew its position in shares of Avantis Emerging Markets Small Cap Equity ETF by 43.9% in the second quarter. Tortoise Investment Management LLC now owns 7,256 shares of the company’s stock valued at $437,000 after purchasing an additional 2,212 shares during the last quarter. Timonier Family Office LTD. grew its holdings in Avantis Emerging Markets Small Cap Equity ETF by 15.7% in the 2nd quarter. Timonier Family Office LTD. now owns 64,508 shares of the company’s stock valued at $3,887,000 after buying an additional 8,752 shares in the last quarter. Finally, Mills Wealth Advisors LLC grew its stake in shares of Avantis Emerging Markets Small Cap Equity ETF by 3.0% in the second quarter. Mills Wealth Advisors LLC now owns 16,926 shares of the company’s stock valued at $1,020,000 after acquiring an additional 487 shares in the last quarter.

Avantis Emerging Markets Small Cap Equity ETF Stock Down 0.6%

Avantis Emerging Markets Small Cap Equity ETF stock traded down $0.37 during mid-day trading on Thursday, hitting $66.69. 10,774 shares of the company’s stock were exchanged, compared to its average volume of 20,446. The company’s 50 day simple moving average is $63.28 and its 200-day simple moving average is $63.16. The firm has a market capitalization of $80.03 million, a P/E ratio of 13.82 and a beta of 0.40. Avantis Emerging Markets Small Cap Equity ETF has a fifty-two week low of $46.33 and a fifty-two week high of $67.06.

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.