Avantis All International Markets Value ETF (NYSEARCA:AVNV) Sees Significant Decrease in Short Interest

Avantis All International Markets Value ETF (NYSEARCA:AVNV) saw a large decrease in short interest in August. As of August 14th, there was short interest totaling 1,883 shares, a decrease of 73.3% from the July 30th total of 7,056 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 7,500 shares, the days-to-cover ratio is currently 0.3 days.

Avantis All International Markets Value ETF Stock Performance

Shares of NYSEARCA AVNV traded up $0.17 during mid-day trading on Thursday, reaching $87.51. 6,366 shares of the company traded hands, compared to its average volume of 11,768. The company’s fifty day moving average is $83.96 and its two-hundred day moving average is $82.99. Avantis All International Markets Value ETF has a fifty-two week low of $68.53 and a fifty-two week high of $87.62. The stock has a market cap of $70.01 million, a PE ratio of 11.05 and a beta of 0.61.

Hedge Funds Weigh In On Avantis All International Markets Value ETF

A number of institutional investors have recently modified their holdings of AVNV. Ridgeline Wealth LLC boosted its holdings in shares of Avantis All International Markets Value ETF by 9.2% during the 2nd quarter. Ridgeline Wealth LLC now owns 91,502 shares of the company’s stock worth $7,553,000 after buying an additional 7,677 shares during the period. Breakwater Capital Group raised its holdings in Avantis All International Markets Value ETF by 8.8% in the 1st quarter. Breakwater Capital Group now owns 4,018 shares of the company’s stock worth $315,000 after acquiring an additional 324 shares during the period. Financial Management Network Inc. acquired a new position in Avantis All International Markets Value ETF during the 1st quarter worth $454,000. Jane Street Group LLC lifted its position in Avantis All International Markets Value ETF by 11.1% during the 4th quarter. Jane Street Group LLC now owns 18,451 shares of the company’s stock worth $1,380,000 after acquiring an additional 1,840 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Avantis All International Markets Value ETF by 4.7% during the fourth quarter. JPMorgan Chase & Co. now owns 67,562 shares of the company’s stock valued at $5,053,000 after acquiring an additional 3,023 shares during the period.

Avantis All International Markets Value ETF Company Profile

The Avantis All International Markets Value ETF (AVNV) 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 factor-investing, focusing on securities with value characteristics and higher expected returns. AVNV was launched on Jun 27, 2023 and is managed by American Century Investments.