Avantis Emerging Markets Value ETF (NYSEARCA:AVES) Short Interest Up 399.4% in February

Avantis Emerging Markets Value ETF (NYSEARCA:AVES) saw a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 530,108 shares, a growth of 399.4% from the January 29th total of 106,149 shares. Approximately 2.9% of the company’s shares are sold short. Based on an average trading volume of 105,313 shares, the short-interest ratio is currently 5.0 days. Based on an average trading volume of 105,313 shares, the short-interest ratio is currently 5.0 days. Approximately 2.9% of the company’s shares are sold short.

Avantis Emerging Markets Value ETF Stock Up 1.0%

AVES stock opened at $66.93 on Thursday. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 10.65 and a beta of 0.66. Avantis Emerging Markets Value ETF has a 52-week low of $41.68 and a 52-week high of $67.01. The stock’s fifty day simple moving average is $61.73 and its 200-day simple moving average is $58.82.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of AVES. Comerica Bank acquired a new stake in shares of Avantis Emerging Markets Value ETF in the fourth quarter worth approximately $41,000. Royal Bank of Canada purchased a new stake in shares of Avantis Emerging Markets Value ETF during the 4th quarter valued at $136,000. PNC Financial Services Group Inc. increased its holdings in shares of Avantis Emerging Markets Value ETF by 416.6% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,464 shares of the company’s stock worth $132,000 after buying an additional 1,987 shares during the last quarter. US Bancorp DE purchased a new position in shares of Avantis Emerging Markets Value ETF in the 3rd quarter worth $153,000. Finally, Private Trust Co. NA boosted its holdings in Avantis Emerging Markets Value ETF by 50.9% in the fourth quarter. Private Trust Co. NA now owns 2,934 shares of the company’s stock valued at $171,000 after acquiring an additional 990 shares during the last quarter.

Avantis Emerging Markets Value ETF Company Profile

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.