Avantis Emerging Markets Value ETF (NYSEARCA:AVES) Short Interest Down 64.0% in February

Avantis Emerging Markets Value ETF (NYSEARCA:AVES) was the target of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 190,695 shares, a decline of 64.0% from the February 12th total of 530,108 shares. Based on an average daily trading volume, of 297,242 shares, the short-interest ratio is presently 0.6 days. Currently, 1.1% of the shares of the company are sold short. Currently, 1.1% of the shares of the company are sold short. Based on an average daily trading volume, of 297,242 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On Avantis Emerging Markets Value ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Comerica Bank acquired a new position in Avantis Emerging Markets Value ETF in the 4th quarter worth approximately $41,000. Royal Bank of Canada acquired a new stake in shares of Avantis Emerging Markets Value ETF in the fourth quarter worth $136,000. PNC Financial Services Group Inc. raised its holdings in shares of Avantis Emerging Markets Value ETF by 416.6% during the second quarter. PNC Financial Services Group Inc. now owns 2,464 shares of the company’s stock worth $132,000 after purchasing an additional 1,987 shares during the last quarter. US Bancorp DE acquired a new position in Avantis Emerging Markets Value ETF during the third quarter valued at $153,000. Finally, Private Trust Co. NA boosted its holdings in Avantis Emerging Markets Value ETF by 50.9% in the fourth quarter. Private Trust Co. NA now owns 2,934 shares of the company’s stock valued at $171,000 after purchasing an additional 990 shares during the last quarter.

Avantis Emerging Markets Value ETF Price Performance

NYSEARCA AVES opened at $61.36 on Wednesday. The company has a market cap of $1.11 billion, a price-to-earnings ratio of 10.65 and a beta of 0.66. The stock’s fifty day moving average price is $62.61 and its 200 day moving average price is $59.31. Avantis Emerging Markets Value ETF has a 1 year low of $41.68 and a 1 year high of $67.01.

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.