Avantis All International Markets Value ETF (NYSEARCA:AVNV) Short Interest Down 79.8% in May

Avantis All International Markets Value ETF (NYSEARCA:AVNV) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 2,747 shares, a decline of 79.8% from the May 14th total of 13,595 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 7,714 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. RHL Group LLC bought a new stake in shares of Avantis All International Markets Value ETF in the fourth quarter worth $46,000. Farther Finance Advisors LLC bought a new stake in Avantis All International Markets Value ETF during the fourth quarter worth $99,000. Breakwater Capital Group bought a new stake in Avantis All International Markets Value ETF during the third quarter worth $247,000. Financial Management Network Inc. bought a new stake in Avantis All International Markets Value ETF during the first quarter worth $454,000. Finally, Susquehanna International Group LLP raised its position in Avantis All International Markets Value ETF by 20.6% during the third quarter. Susquehanna International Group LLP now owns 15,613 shares of the company’s stock worth $1,120,000 after acquiring an additional 2,668 shares in the last quarter.

Avantis All International Markets Value ETF Stock Up 0.7%

NYSEARCA AVNV traded up $0.59 during trading on Friday, reaching $84.27. 19,629 shares of the stock traded hands, compared to its average volume of 12,403. The firm has a market cap of $58.99 million, a price-to-earnings ratio of 11.05 and a beta of 0.59. The stock’s 50-day moving average price is $83.38 and its 200 day moving average price is $80.04. Avantis All International Markets Value ETF has a fifty-two week low of $64.48 and a fifty-two week high of $86.35.

About Avantis All International Markets Value ETF

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.