Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) Shares Shorted: Short Interest Up 116.4% in October

Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 8,786 shares, an increase of 116.4% from the September 30th total of 4,060 shares. Based on an average daily volume of 9,196 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Investors Weigh In On Avantis Responsible Emerging Markets Equity ETF

A number of hedge funds have recently bought and sold shares of AVSE. Orgel Wealth Management LLC bought a new stake in Avantis Responsible Emerging Markets Equity ETF in the second quarter worth about $10,458,000. Highland Financial Advisors LLC raised its holdings in shares of Avantis Responsible Emerging Markets Equity ETF by 14.6% in the third quarter. Highland Financial Advisors LLC now owns 35,485 shares of the company’s stock worth $2,807,000 after buying an additional 4,518 shares during the last quarter. Freedom Day Solutions LLC acquired a new position in Avantis Responsible Emerging Markets Equity ETF in the 3rd quarter worth approximately $1,691,000. Mason & Associates Inc lifted its holdings in shares of Avantis Responsible Emerging Markets Equity ETF by 17.4% in the 2nd quarter. Mason & Associates Inc now owns 16,854 shares of the company’s stock valued at $1,379,000 after buying an additional 2,498 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in shares of Avantis Responsible Emerging Markets Equity ETF by 17.1% in the second quarter. Envestnet Asset Management Inc. now owns 7,547 shares of the company’s stock worth $618,000 after acquiring an additional 1,101 shares during the period.

Avantis Responsible Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:AVSE traded down $2.64 on Friday, hitting $71.58. The company’s stock had a trading volume of 8,358 shares, compared to its average volume of 13,417. Avantis Responsible Emerging Markets Equity ETF has a 1 year low of $62.55 and a 1 year high of $84.93. The company has a market capitalization of $207.58 million, a PE ratio of 13.19 and a beta of 0.81. The company has a 50-day simple moving average of $78.29 and a 200 day simple moving average of $75.39.

Avantis Responsible Emerging Markets Equity ETF Company Profile

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.