Avantis Emerging Markets Value ETF (NYSEARCA:AVES) Short Interest Up 253.8% in December

Avantis Emerging Markets Value ETF (NYSEARCA:AVES) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 84,256 shares, a growth of 253.8% from the November 30th total of 23,813 shares. Based on an average daily trading volume, of 46,636 shares, the days-to-cover ratio is presently 1.8 days. Approximately 0.6% of the shares of the company are short sold. Approximately 0.6% of the shares of the company are short sold. Based on an average daily trading volume, of 46,636 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Trading of Avantis Emerging Markets Value ETF

A number of hedge funds have recently modified their holdings of AVES. Kiker Wealth Management LLC purchased a new position in Avantis Emerging Markets Value ETF during the second quarter valued at approximately $27,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Avantis Emerging Markets Value ETF by 77.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,720 shares of the company’s stock valued at $128,000 after purchasing an additional 1,191 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in Avantis Emerging Markets Value ETF by 416.6% during the second quarter. PNC Financial Services Group Inc. now owns 2,464 shares of the company’s stock worth $132,000 after purchasing an additional 1,987 shares in the last quarter. US Bancorp DE acquired a new stake in Avantis Emerging Markets Value ETF in the third quarter valued at approximately $153,000. Finally, Apella Capital LLC purchased a new stake in shares of Avantis Emerging Markets Value ETF in the third quarter valued at approximately $202,000.

Avantis Emerging Markets Value ETF Stock Up 0.1%

Shares of NYSEARCA:AVES traded up $0.08 during midday trading on Thursday, reaching $58.33. The company’s stock had a trading volume of 18,168 shares, compared to its average volume of 45,447. The firm has a market capitalization of $834.12 million, a PE ratio of 10.65 and a beta of 0.66. The stock has a fifty day moving average of $57.97 and a 200 day moving average of $56.25. Avantis Emerging Markets Value ETF has a twelve month low of $41.68 and a twelve month high of $59.27.

About Avantis Emerging Markets Value ETF

The Avantis Emerging Markets Value ETF (AVES) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of emerging market equities with lower prices relative to their book values. AVES was launched on Sep 28, 2021 and is managed by American Century Investments.