Avantis Emerging Markets Value ETF (NYSEARCA:AVES) Short Interest Up 335.4% in May

Avantis Emerging Markets Value ETF (NYSEARCA:AVES) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 138,115 shares, an increase of 335.4% from the April 30th total of 31,722 shares. Based on an average daily trading volume, of 68,961 shares, the short-interest ratio is currently 2.0 days. Currently, 0.6% of the shares of the company are short sold.

Institutional Trading of Avantis Emerging Markets Value ETF

A number of hedge funds have recently made changes to their positions in AVES. AQR Capital Management LLC lifted its position in shares of Avantis Emerging Markets Value ETF by 36.4% in the first quarter. AQR Capital Management LLC now owns 17,265 shares of the company’s stock valued at $814,000 after buying an additional 4,605 shares during the last quarter. Betterment LLC lifted its position in shares of Avantis Emerging Markets Value ETF by 81.2% in the second quarter. Betterment LLC now owns 9,026 shares of the company’s stock valued at $483,000 after buying an additional 4,045 shares during the last quarter. NCM Capital Management LLC lifted its position in shares of Avantis Emerging Markets Value ETF by 5.3% in the second quarter. NCM Capital Management LLC now owns 17,669 shares of the company’s stock valued at $946,000 after buying an additional 893 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Avantis Emerging Markets Value ETF by 497.1% in the second quarter. Jane Street Group LLC now owns 301,100 shares of the company’s stock valued at $16,122,000 after buying an additional 250,674 shares during the last quarter. Finally, MML Investors Services LLC lifted its position in shares of Avantis Emerging Markets Value ETF by 3.6% in the second quarter. MML Investors Services LLC now owns 68,007 shares of the company’s stock valued at $3,641,000 after buying an additional 2,335 shares during the last quarter.

Avantis Emerging Markets Value ETF Stock Down 0.0%

AVES opened at $67.71 on Friday. Avantis Emerging Markets Value ETF has a 12-month low of $50.56 and a 12-month high of $68.57. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 10.65 and a beta of 0.69. The business has a 50 day moving average of $63.96 and a 200-day moving average of $61.82.

Avantis Emerging Markets Value ETF Company Profile

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.