Short Interest in Avantis All International Markets Equity ETF (NYSEARCA:AVNM) Expands By 373.6%

Avantis All International Markets Equity ETF (NYSEARCA:AVNM) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 77,621 shares, an increase of 373.6% from the December 31st total of 16,389 shares. Currently, 1.2% of the company’s stock are short sold. Based on an average daily volume of 58,630 shares, the short-interest ratio is currently 1.3 days. Based on an average daily volume of 58,630 shares, the short-interest ratio is currently 1.3 days. Currently, 1.2% of the company’s stock are short sold.

Institutional Investors Weigh In On Avantis All International Markets Equity ETF

A number of hedge funds have recently made changes to their positions in AVNM. CWM LLC grew its stake in Avantis All International Markets Equity ETF by 188.8% in the fourth quarter. CWM LLC now owns 335 shares of the company’s stock valued at $25,000 after purchasing an additional 219 shares during the last quarter. Frankly Finances LLC purchased a new position in shares of Avantis All International Markets Equity ETF in the 4th quarter worth approximately $202,000. Hutchens & Kramer Investment Management Group LLC bought a new position in shares of Avantis All International Markets Equity ETF during the 2nd quarter worth approximately $251,000. FMB Wealth Management purchased a new stake in Avantis All International Markets Equity ETF during the second quarter valued at approximately $257,000. Finally, XY Planning Network Inc. boosted its stake in Avantis All International Markets Equity ETF by 16.7% in the fourth quarter. XY Planning Network Inc. now owns 3,785 shares of the company’s stock valued at $278,000 after acquiring an additional 541 shares in the last quarter.

Avantis All International Markets Equity ETF Price Performance

Shares of Avantis All International Markets Equity ETF stock opened at $79.59 on Wednesday. The stock has a market cap of $525.29 million, a price-to-earnings ratio of 13.10 and a beta of 0.61. The firm’s 50-day moving average is $73.94 and its two-hundred day moving average is $70.91. Avantis All International Markets Equity ETF has a 1 year low of $51.41 and a 1 year high of $79.65.

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.