Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Short Interest Up 733.5% in March

Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 890,103 shares, a growth of 733.5% from the February 26th total of 106,789 shares. Based on an average trading volume of 2,175,859 shares, the short-interest ratio is presently 0.4 days. Currently, 0.4% of the company’s stock are sold short. Currently, 0.4% of the company’s stock are sold short. Based on an average trading volume of 2,175,859 shares, the short-interest ratio is presently 0.4 days.

Avantis Emerging Markets Equity ETF Stock Down 1.4%

Shares of NYSEARCA:AVEM opened at $80.28 on Wednesday. Avantis Emerging Markets Equity ETF has a 12 month low of $52.52 and a 12 month high of $89.75. The company’s fifty day simple moving average is $83.93 and its 200 day simple moving average is $79.11. The firm has a market cap of $17.74 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68.

Institutional Trading of Avantis Emerging Markets Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. American Capital Advisory LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter worth about $30,000. Rothschild Investment LLC raised its position in Avantis Emerging Markets Equity ETF by 192.7% in the 4th quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock valued at $34,000 after buying an additional 289 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new stake in Avantis Emerging Markets Equity ETF in the 4th quarter valued at approximately $36,000. Team Financial Group LLC lifted its stake in Avantis Emerging Markets Equity ETF by 184.2% in the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after acquiring an additional 361 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its stake in Avantis Emerging Markets Equity ETF by 49.5% in the 4th quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock valued at $43,000 after acquiring an additional 183 shares in the last quarter.

Avantis Emerging Markets Equity ETF Company Profile

The Avantis Emerging Markets Equity ETF (AVEM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that holds emerging-market stocks of all market capitalizations considered favorable on multiple factors. The fund seeks to provide capital appreciation. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.