Avantis All International Markets Equity ETF (NYSEARCA:AVNM) Short Interest Up 33.7% in December

Avantis All International Markets Equity ETF (NYSEARCA:AVNM) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 12,864 shares, an increase of 33.7% from the November 30th total of 9,622 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 38,415 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 38,415 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s stock are sold short.

Hedge Funds Weigh In On Avantis All International Markets Equity ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC acquired a new position in Avantis All International Markets Equity ETF during the 3rd quarter worth $1,432,000. Susquehanna International Group LLP acquired a new stake in Avantis All International Markets Equity ETF in the third quarter worth about $288,000. Ausdal Financial Partners Inc. grew its position in Avantis All International Markets Equity ETF by 6.2% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 44,058 shares of the company’s stock valued at $3,111,000 after buying an additional 2,577 shares in the last quarter. Modern Wealth Management LLC acquired a new position in Avantis All International Markets Equity ETF during the 3rd quarter valued at about $315,000. Finally, Thoroughbred Financial Services LLC raised its position in shares of Avantis All International Markets Equity ETF by 43.5% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 39,372 shares of the company’s stock worth $2,779,000 after buying an additional 11,931 shares in the last quarter.

Avantis All International Markets Equity ETF Stock Down 0.2%

Shares of AVNM traded down $0.15 during mid-day trading on Wednesday, reaching $73.52. 44,221 shares of the stock traded hands, compared to its average volume of 38,489. The stock has a fifty day simple moving average of $72.13 and a 200 day simple moving average of $69.36. Avantis All International Markets Equity ETF has a 12-month low of $51.41 and a 12-month high of $73.83. The firm has a market cap of $411.71 million, a price-to-earnings ratio of 13.10 and a beta of 0.61.

About Avantis All International Markets Equity ETF

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.