Avantis All International Markets Value ETF (NYSEARCA:AVNV) Sees Large Increase in Short Interest

Avantis All International Markets Value ETF (NYSEARCA:AVNV) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 28,969 shares, an increase of 61.8% from the September 30th total of 17,907 shares. Approximately 3.2% of the company’s shares are sold short. Based on an average daily volume of 6,069 shares, the days-to-cover ratio is currently 4.8 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Ridgeline Wealth LLC lifted its holdings in shares of Avantis All International Markets Value ETF by 9.2% in the 2nd quarter. Ridgeline Wealth LLC now owns 91,502 shares of the company’s stock worth $7,553,000 after acquiring an additional 7,677 shares during the last quarter. Commonwealth Equity Services LLC bought a new position in Avantis All International Markets Value ETF during the 3rd quarter valued at about $2,525,000. BIP Wealth LLC grew its holdings in Avantis All International Markets Value ETF by 51.6% during the 3rd quarter. BIP Wealth LLC now owns 6,387 shares of the company’s stock valued at $540,000 after purchasing an additional 2,173 shares during the last quarter. Breakwater Capital Group grew its holdings in Avantis All International Markets Value ETF by 9.4% during the 3rd quarter. Breakwater Capital Group now owns 4,370 shares of the company’s stock valued at $370,000 after purchasing an additional 377 shares during the last quarter. Finally, Prudent Investor Advisors LLC purchased a new stake in Avantis All International Markets Value ETF in the 3rd quarter worth about $303,000.

Avantis All International Markets Value ETF Stock Performance

NYSEARCA AVNV opened at $81.70 on Tuesday. The business’s 50 day moving average price is $85.12 and its 200-day moving average price is $83.19. Avantis All International Markets Value ETF has a fifty-two week low of $70.72 and a fifty-two week high of $88.48. The company has a market cap of $73.53 million, a P/E ratio of 11.05 and a beta of 0.62.

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.