Short Interest in Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) Drops By 73.4%

Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 4,419 shares, a drop of 73.4% from the July 30th total of 16,599 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 8,375 shares, the days-to-cover ratio is presently 0.5 days.

Avantis Responsible Emerging Markets Equity ETF Stock Performance

NYSEARCA:AVSE traded down $0.45 during trading hours on Friday, reaching $79.24. The company’s stock had a trading volume of 6,951 shares, compared to its average volume of 12,966. Avantis Responsible Emerging Markets Equity ETF has a 12 month low of $59.88 and a 12 month high of $84.93. The stock has a 50 day moving average price of $78.05 and a two-hundred day moving average price of $75.34. The company has a market capitalization of $221.87 million, a P/E ratio of 13.19 and a beta of 0.80.

Institutional Investors Weigh In On Avantis Responsible Emerging Markets Equity ETF

A number of institutional investors have recently added to or reduced their stakes in AVSE. Riverwater Partners LLC lifted its position in shares of Avantis Responsible Emerging Markets Equity ETF by 6.1% during the fourth quarter. Riverwater Partners LLC now owns 125,369 shares of the company’s stock valued at $8,145,000 after buying an additional 7,229 shares during the last quarter. Trailhead Planners LLC purchased a new position in shares of Avantis Responsible Emerging Markets Equity ETF in the 4th quarter worth approximately $2,488,000. Greenspring Advisors LLC purchased a new position in shares of Avantis Responsible Emerging Markets Equity ETF in the 4th quarter worth approximately $614,000. Highland Financial Advisors LLC raised its stake in shares of Avantis Responsible Emerging Markets Equity ETF by 26.8% during the 2nd quarter. Highland Financial Advisors LLC now owns 30,967 shares of the company’s stock worth $2,534,000 after acquiring an additional 6,540 shares in the last quarter. Finally, Maseco LLP bought a new position in shares of Avantis Responsible Emerging Markets Equity ETF during the 1st quarter worth approximately $28,996,000.

About Avantis Responsible Emerging Markets Equity ETF

The Avantis Responsible Emerging Markets Equity ETF (AVSE) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in companies of all market capitalizations in emerging markets. Holdings are screened for multiple ESG metrics and fundamental criteria AVSE was launched on Mar 28, 2022 and is managed by American Century Investments.