Avantis All International Markets Equity ETF (NYSEARCA:AVNM) Short Interest Up 82.7% in July

Avantis All International Markets Equity ETF (NYSEARCA:AVNM) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 127,645 shares, an increase of 82.7% from the July 15th total of 69,882 shares. Currently, 1.5% of the company’s stock are short sold. Based on an average daily volume of 49,889 shares, the short-interest ratio is presently 2.6 days.

Avantis All International Markets Equity ETF Trading Up 0.2%

NYSEARCA:AVNM traded up $0.15 during trading hours on Monday, hitting $85.59. The company’s stock had a trading volume of 114,913 shares, compared to its average volume of 63,629. Avantis All International Markets Equity ETF has a 52-week low of $67.37 and a 52-week high of $85.82. The stock has a market capitalization of $727.51 million, a P/E ratio of 13.10 and a beta of 0.66. The stock has a fifty day moving average of $82.62 and a 200-day moving average of $81.20.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Geometric Wealth Advisors raised its position in shares of Avantis All International Markets Equity ETF by 1.5% during the 4th quarter. Geometric Wealth Advisors now owns 684,435 shares of the company’s stock worth $50,320,000 after acquiring an additional 9,946 shares in the last quarter. Wealth Management Partners LLC raised its holdings in Avantis All International Markets Equity ETF by 12.5% during the first quarter. Wealth Management Partners LLC now owns 380,960 shares of the company’s stock worth $29,018,000 after purchasing an additional 42,284 shares in the last quarter. Duncan Williams Asset Management LLC raised its holdings in Avantis All International Markets Equity ETF by 3,251.6% during the fourth quarter. Duncan Williams Asset Management LLC now owns 280,261 shares of the company’s stock worth $22,214,000 after purchasing an additional 271,899 shares in the last quarter. Truist Financial Corp lifted its position in shares of Avantis All International Markets Equity ETF by 3.9% during the 4th quarter. Truist Financial Corp now owns 204,500 shares of the company’s stock worth $15,035,000 after buying an additional 7,753 shares during the last quarter. Finally, Edge Financial Advisors LLC lifted its position in shares of Avantis All International Markets Equity ETF by 279.8% during the 4th quarter. Edge Financial Advisors LLC now owns 164,799 shares of the company’s stock worth $12,116,000 after buying an additional 121,403 shares during the last quarter.

Avantis All International Markets Equity ETF Company Profile

The Avantis All International Markets Equity ETF (AVNM) 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 securities with higher expected returns. AVNM was launched on Jun 27, 2023 and is managed by American Century Investments.