Avantis All International Markets Value ETF (NYSEARCA:AVNV) Sees Large Decrease in Short Interest

Avantis All International Markets Value ETF (NYSEARCA:AVNV) was the recipient of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 3,885 shares, a decline of 86.6% from the October 15th total of 28,969 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 8,103 shares, the short-interest ratio is currently 0.5 days.

Avantis All International Markets Value ETF Price Performance

Shares of AVNV stock traded down $0.62 during mid-day trading on Thursday, hitting $81.78. The stock had a trading volume of 14,958 shares, compared to its average volume of 10,799. Avantis All International Markets Value ETF has a 12-month low of $70.72 and a 12-month high of $88.48. The firm’s 50-day moving average is $84.34 and its two-hundred day moving average is $83.31. The firm has a market capitalization of $73.60 million, a P/E ratio of 11.69 and a beta of 0.64.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. StoneX Group Inc. bought a new stake in Avantis All International Markets Value ETF during the third quarter valued at about $7,760,000. Commonwealth Equity Services LLC bought a new stake in shares of Avantis All International Markets Value ETF in the 3rd quarter valued at about $2,525,000. Prudent Investor Advisors LLC purchased a new position in shares of Avantis All International Markets Value ETF in the 3rd quarter worth approximately $303,000. BIP Wealth LLC grew its position in shares of Avantis All International Markets Value ETF by 51.6% in the 3rd quarter. BIP Wealth LLC now owns 6,387 shares of the company’s stock worth $540,000 after buying an additional 2,173 shares during the last quarter. Finally, Breakwater Capital Group raised its stake in shares of Avantis All International Markets Value ETF by 9.4% during the 3rd quarter. Breakwater Capital Group now owns 4,370 shares of the company’s stock worth $370,000 after acquiring an additional 377 shares in the last quarter.

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.