Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) Shares Shorted: Short Interest Up 116.4% in October

Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 8,786 shares, a growth of 116.4% from the September 30th total of 4,060 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 9,196 shares, the short-interest ratio is presently 1.0 days.

Avantis Responsible Emerging Markets Equity ETF Price Performance

AVSE stock traded down $2.11 on Friday, reaching $72.11. 9,300 shares of the company traded hands, compared to its average volume of 13,424. The firm has a fifty day simple moving average of $78.17 and a 200-day simple moving average of $75.41. The company has a market cap of $209.12 million, a P/E ratio of 13.19 and a beta of 0.81. Avantis Responsible Emerging Markets Equity ETF has a one year low of $62.55 and a one year high of $84.93.

Institutional Investors Weigh In On Avantis Responsible Emerging Markets Equity ETF

A number of institutional investors have recently modified their holdings of the stock. Orgel Wealth Management LLC bought a new stake in Avantis Responsible Emerging Markets Equity ETF during the 2nd quarter valued at about $10,458,000. Freedom Day Solutions LLC bought a new position in shares of Avantis Responsible Emerging Markets Equity ETF in the third quarter worth approximately $1,691,000. Highland Financial Advisors LLC lifted its stake in shares of Avantis Responsible Emerging Markets Equity ETF by 26.8% in the second quarter. Highland Financial Advisors LLC now owns 30,967 shares of the company’s stock worth $2,534,000 after buying an additional 6,540 shares in the last quarter. Private Advisor Group LLC bought a new position in shares of Avantis Responsible Emerging Markets Equity ETF in the first quarter worth approximately $290,000. Finally, Mason & Associates Inc grew its holdings in shares of Avantis Responsible Emerging Markets Equity ETF by 17.4% during the second quarter. Mason & Associates Inc now owns 16,854 shares of the company’s stock valued at $1,379,000 after buying an additional 2,498 shares during the last quarter.

About Avantis Responsible Emerging Markets Equity ETF

The Avantis Responsible Emerging Markets Equity ETF (AVSE) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in companies of all market capitalizations in emerging markets. Holdings are screened for multiple ESG metrics and fundamental criteria AVSE was launched on Mar 28, 2022 and is managed by American Century Investments.