Avantis All International Markets Value ETF (NYSEARCA:AVNV) Short Interest Down 83.5% in July

Avantis All International Markets Value ETF (NYSEARCA:AVNV) was the recipient of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 3,371 shares, a drop of 83.5% from the June 30th total of 20,416 shares. Based on an average daily trading volume, of 11,608 shares, the short-interest ratio is currently 0.3 days. Approximately 0.4% of the shares of the company are sold short.

Institutional Trading of Avantis All International Markets Value ETF

Several hedge funds have recently bought and sold shares of AVNV. Jane Street Group LLC increased its stake in shares of Avantis All International Markets Value ETF by 11.1% in the fourth quarter. Jane Street Group LLC now owns 18,451 shares of the company’s stock valued at $1,380,000 after purchasing an additional 1,840 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Avantis All International Markets Value ETF by 4.7% during the fourth quarter. JPMorgan Chase & Co. now owns 67,562 shares of the company’s stock valued at $5,053,000 after buying an additional 3,023 shares during the last quarter. Ridgeline Wealth LLC boosted its position in shares of Avantis All International Markets Value ETF by 9.2% during the second quarter. Ridgeline Wealth LLC now owns 91,502 shares of the company’s stock worth $7,553,000 after buying an additional 7,677 shares during the period. Breakwater Capital Group boosted its position in shares of Avantis All International Markets Value ETF by 8.8% during the first quarter. Breakwater Capital Group now owns 4,018 shares of the company’s stock worth $315,000 after buying an additional 324 shares during the period. Finally, Financial Management Network Inc. bought a new position in Avantis All International Markets Value ETF in the 1st quarter worth approximately $454,000.

Avantis All International Markets Value ETF Stock Up 0.1%

AVNV stock traded up $0.08 during mid-day trading on Friday, reaching $82.41. The company had a trading volume of 9,146 shares, compared to its average volume of 11,832. Avantis All International Markets Value ETF has a one year low of $65.63 and a one year high of $86.35. The stock has a market capitalization of $65.93 million, a P/E ratio of 11.05 and a beta of 0.61. The stock’s 50-day simple moving average is $83.57 and its two-hundred day simple moving average is $81.93.

About Avantis All International Markets Value ETF

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.