Short Interest in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) Increases By 335.4%

Avantis Emerging Markets Value ETF (NYSEARCA:AVES) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 138,115 shares, a growth of 335.4% from the April 30th total of 31,722 shares. Based on an average daily trading volume, of 68,961 shares, the short-interest ratio is currently 2.0 days. Currently, 0.6% of the company’s shares are sold short.

Hedge Funds Weigh In On Avantis Emerging Markets Value ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Bank of America Corp DE grew its holdings in shares of Avantis Emerging Markets Value ETF by 297.7% in the 1st quarter. Bank of America Corp DE now owns 123,381 shares of the company’s stock valued at $7,400,000 after buying an additional 92,356 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of Avantis Emerging Markets Value ETF by 895.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,075 shares of the company’s stock valued at $64,000 after buying an additional 967 shares during the period. Empowered Funds LLC grew its holdings in shares of Avantis Emerging Markets Value ETF by 2.8% in the 1st quarter. Empowered Funds LLC now owns 713,801 shares of the company’s stock valued at $42,814,000 after buying an additional 19,661 shares during the period. Quantinno Capital Management LP boosted its stake in Avantis Emerging Markets Value ETF by 19.1% in the 1st quarter. Quantinno Capital Management LP now owns 28,306 shares of the company’s stock worth $1,698,000 after purchasing an additional 4,532 shares during the period. Finally, Signature Equity Partners LLC acquired a new position in Avantis Emerging Markets Value ETF in the 1st quarter worth $47,000.

Avantis Emerging Markets Value ETF Stock Up 0.3%

Shares of AVES stock opened at $67.74 on Friday. Avantis Emerging Markets Value ETF has a 12-month low of $50.56 and a 12-month high of $68.57. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of 10.65 and a beta of 0.69. The firm has a fifty day moving average of $63.81 and a 200-day moving average of $61.78.

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.