Avantis All International Markets Equity ETF (NYSEARCA:AVNM) Shares Shorted: Short Interest Down 40.7% in September

Avantis All International Markets Equity ETF (NYSEARCA:AVNM) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 66,871 shares, a decrease of 40.7% from the September 15th total of 112,721 shares. Based on an average trading volume of 104,504 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.7% of the shares of the stock are short sold.

Avantis All International Markets Equity ETF Stock Down 0.4%

Shares of NYSEARCA:AVNM traded down $0.30 during trading on Friday, reaching $81.86. 35,589 shares of the company’s stock traded hands, compared to its average volume of 65,231. Avantis All International Markets Equity ETF has a fifty-two week low of $69.39 and a fifty-two week high of $86.73. The firm has a market cap of $769.48 million, a PE ratio of 13.10 and a beta of 0.68. The company has a 50-day simple moving average of $84.44 and a 200-day simple moving average of $82.85.

Hedge Funds Weigh In On Avantis All International Markets Equity ETF

Hedge funds have recently bought and sold shares of the business. Wealth Management Partners LLC grew its holdings in Avantis All International Markets Equity ETF by 12.5% in the first quarter. Wealth Management Partners LLC now owns 380,960 shares of the company’s stock valued at $29,018,000 after purchasing an additional 42,284 shares during the period. Kestra Private Wealth Services LLC increased its position in shares of Avantis All International Markets Equity ETF by 42.2% in the first quarter. Kestra Private Wealth Services LLC now owns 35,401 shares of the company’s stock valued at $2,697,000 after buying an additional 10,500 shares in the last quarter. Sprinkle Financial Consultants LLC purchased a new stake in shares of Avantis All International Markets Equity ETF in the third quarter valued at approximately $2,025,000. Acumen Wealth Advisors LLC acquired a new position in shares of Avantis All International Markets Equity ETF during the 1st quarter worth approximately $1,500,000. Finally, TrustWell Financial Advisors LLC raised its stake in shares of Avantis All International Markets Equity ETF by 13.4% during the 3rd quarter. TrustWell Financial Advisors LLC now owns 75,602 shares of the company’s stock worth $6,279,000 after buying an additional 8,941 shares during the period.

About Avantis All International Markets Equity ETF

The Avantis All International Markets Equity ETF (AVNM) 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 securities with higher expected returns. AVNM was launched on Jun 27, 2023 and is managed by American Century Investments.