Avantis Emerging Markets Value ETF (NYSEARCA:AVES) Shares Shorted: Short Interest Down 93.6% in September

Avantis Emerging Markets Value ETF (NYSEARCA:AVES) was the recipient of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 28,198 shares, a drop of 93.6% from the August 31st total of 439,145 shares. Based on an average trading volume of 88,638 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

Avantis Emerging Markets Value ETF Stock Performance

Shares of Avantis Emerging Markets Value ETF stock traded up $0.58 on Friday, hitting $65.46. The company’s stock had a trading volume of 78,314 shares, compared to its average volume of 117,526. The company has a market capitalization of $1.56 billion, a price-to-earnings ratio of 10.65 and a beta of 0.71. Avantis Emerging Markets Value ETF has a 1 year low of $55.31 and a 1 year high of $69.06. The firm has a fifty day moving average price of $65.10 and a 200-day moving average price of $64.65.

Institutional Trading of Avantis Emerging Markets Value ETF

Institutional investors have recently bought and sold shares of the business. Empowered Funds LLC increased its position in shares of Avantis Emerging Markets Value ETF by 2.8% in the first 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 in the last quarter. Armbruster Capital Management Inc. lifted its position in shares of Avantis Emerging Markets Value ETF by 0.3% during the 1st quarter. Armbruster Capital Management Inc. now owns 348,389 shares of the company’s stock valued at $20,896,000 after buying an additional 886 shares in the last quarter. B&D White Capital Company LLC lifted its position in shares of Avantis Emerging Markets Value ETF by 56.6% during the 4th quarter. B&D White Capital Company LLC now owns 299,158 shares of the company’s stock valued at $17,444,000 after buying an additional 108,113 shares in the last quarter. Fidelity D & D Bancorp Inc. grew its stake in Avantis Emerging Markets Value ETF by 16.9% in the 1st quarter. Fidelity D & D Bancorp Inc. now owns 184,571 shares of the company’s stock valued at $11,071,000 after acquiring an additional 26,744 shares during the period. Finally, Bank of America Corp DE grew its stake in 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 acquiring an additional 92,356 shares during the period.

About Avantis Emerging Markets Value ETF

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.