Avantis Emerging Markets Value ETF (NYSEARCA:AVES) Short Interest Down 65.4% in March

Avantis Emerging Markets Value ETF (NYSEARCA:AVES) was the target of a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 65,894 shares, a decrease of 65.4% from the February 26th total of 190,695 shares. Based on an average daily trading volume, of 167,699 shares, the short-interest ratio is presently 0.4 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Investors Weigh In On Avantis Emerging Markets Value ETF

Institutional investors have recently made changes to their positions in the stock. Strategic Blueprint LLC lifted its stake in Avantis Emerging Markets Value ETF by 0.4% in the third quarter. Strategic Blueprint LLC now owns 50,728 shares of the company’s stock valued at $2,910,000 after buying an additional 186 shares during the period. Comprehensive Money Management Services LLC grew its position in shares of Avantis Emerging Markets Value ETF by 2.5% during the 4th quarter. Comprehensive Money Management Services LLC now owns 8,500 shares of the company’s stock worth $496,000 after buying an additional 205 shares during the period. NCM Capital Management LLC increased its stake in shares of Avantis Emerging Markets Value ETF by 1.3% in the 4th quarter. NCM Capital Management LLC now owns 18,574 shares of the company’s stock valued at $1,083,000 after acquiring an additional 240 shares during the last quarter. Lam Group Inc. raised its position in shares of Avantis Emerging Markets Value ETF by 3.0% in the 3rd quarter. Lam Group Inc. now owns 10,345 shares of the company’s stock valued at $593,000 after acquiring an additional 300 shares during the period. Finally, Capital Investment Advisory Services LLC raised its position in shares of Avantis Emerging Markets Value ETF by 1.6% in the 4th quarter. Capital Investment Advisory Services LLC now owns 19,441 shares of the company’s stock valued at $1,134,000 after acquiring an additional 311 shares during the period.

Avantis Emerging Markets Value ETF Stock Performance

AVES traded down $0.10 during trading on Friday, reaching $58.72. 76,231 shares of the company’s stock were exchanged, compared to its average volume of 171,965. The company’s fifty day moving average price is $62.68 and its 200-day moving average price is $59.65. Avantis Emerging Markets Value ETF has a fifty-two week low of $41.68 and a fifty-two week high of $67.01. The firm has a market capitalization of $1.06 billion, a PE ratio of 10.65 and a beta of 0.66.

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.