Avantis All International Markets Value ETF (NYSEARCA:AVNV) Short Interest Up 216.5% in June

Avantis All International Markets Value ETF (NYSEARCA:AVNV) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 20,416 shares, an increase of 216.5% from the June 15th total of 6,451 shares. Currently, 2.9% of the shares of the company are sold short. Based on an average daily volume of 9,504 shares, the days-to-cover ratio is presently 2.1 days.

Avantis All International Markets Value ETF Stock Performance

NYSEARCA:AVNV opened at $82.80 on Wednesday. The business’s fifty day moving average is $83.95 and its 200 day moving average is $81.53. The firm has a market cap of $57.96 million, a price-to-earnings ratio of 11.05 and a beta of 0.61. Avantis All International Markets Value ETF has a 52-week low of $65.63 and a 52-week high of $86.35.

Institutional Investors Weigh In On Avantis All International Markets Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Jane Street Group LLC purchased a new stake in shares of Avantis All International Markets Value ETF in the second quarter worth about $19,891,000. Ridgeline Wealth LLC grew its stake in Avantis All International Markets Value ETF by 9.2% during the second quarter. Ridgeline Wealth LLC now owns 91,502 shares of the company’s stock valued at $7,553,000 after acquiring an additional 7,677 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in Avantis All International Markets Value ETF during the second quarter valued at approximately $4,915,000. Susquehanna International Group LLP increased its holdings in Avantis All International Markets Value ETF by 20.6% during the 3rd quarter. Susquehanna International Group LLP now owns 15,613 shares of the company’s stock worth $1,120,000 after acquiring an additional 2,668 shares during the period. Finally, Financial Management Network Inc. bought a new stake in Avantis All International Markets Value ETF during the 1st quarter worth approximately $454,000.

Avantis All International Markets Value ETF Company Profile

The Avantis All International Markets Value ETF (AVNV) 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 factor-investing, focusing on securities with value characteristics and higher expected returns. AVNV was launched on Jun 27, 2023 and is managed by American Century Investments.