Short Interest in Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE) Drops By 46.5%

Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 5,314 shares, a drop of 46.5% from the April 30th total of 9,924 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 4,528 shares, the short-interest ratio is presently 1.2 days.

Avantis Emerging Markets Small Cap Equity ETF Stock Down 0.6%

Shares of NYSEARCA AVEE traded down $0.43 during trading on Monday, hitting $71.27. The company had a trading volume of 496 shares, compared to its average volume of 13,256. The firm has a market capitalization of $121.16 million, a price-to-earnings ratio of 13.82 and a beta of 0.67. The stock has a fifty day simple moving average of $68.29 and a two-hundred day simple moving average of $65.80. Avantis Emerging Markets Small Cap Equity ETF has a fifty-two week low of $56.80 and a fifty-two week high of $72.93.

Institutional Investors Weigh In On Avantis Emerging Markets Small Cap Equity ETF

Several institutional investors have recently bought and sold shares of AVEE. Cornerstone Wealth Partners LLC acquired a new position in shares of Avantis Emerging Markets Small Cap Equity ETF during the fourth quarter valued at approximately $5,751,000. Vista Capital Partners Inc. acquired a new stake in shares of Avantis Emerging Markets Small Cap Equity ETF in the second quarter worth approximately $1,617,000. Index Fund Advisors Inc. increased its position in shares of Avantis Emerging Markets Small Cap Equity ETF by 21.8% during the fourth quarter. Index Fund Advisors Inc. now owns 107,357 shares of the company’s stock worth $6,700,000 after purchasing an additional 19,226 shares in the last quarter. OLD Mission Capital LLC purchased a new stake in shares of Avantis Emerging Markets Small Cap Equity ETF during the fourth quarter worth approximately $752,000. Finally, Timonier Family Office LTD. raised its stake in Avantis Emerging Markets Small Cap Equity ETF by 14.1% in the 3rd quarter. Timonier Family Office LTD. now owns 73,604 shares of the company’s stock valued at $4,720,000 after purchasing an additional 9,096 shares during the last quarter.

Avantis Emerging Markets Small Cap Equity ETF Company Profile

The Avantis Emerging Markets Small Cap Equity ETF (AVEE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap companies in the emerging market equity space, selected based on fundamental criteria. AVEE was launched on Nov 7, 2023 and is issued by American Century Investments.