Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) Short Interest Up 59.4% in July

Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 16,599 shares, a growth of 59.4% from the July 15th total of 10,411 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 18,410 shares, the short-interest ratio is currently 0.9 days.

Institutional Investors Weigh In On Avantis Responsible Emerging Markets Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Focus Partners Wealth bought a new stake in Avantis Responsible Emerging Markets Equity ETF during the 1st quarter valued at approximately $674,000. North Ridge Wealth Advisors Inc. purchased a new position in Avantis Responsible Emerging Markets Equity ETF during the second quarter valued at $80,000. Mercer Global Advisors Inc. ADV bought a new stake in Avantis Responsible Emerging Markets Equity ETF in the 3rd quarter valued at $1,740,000. Financial Plan Inc. bought a new stake in Avantis Responsible Emerging Markets Equity ETF in the 4th quarter valued at $206,000. Finally, Trademark Financial Management LLC lifted its stake in Avantis Responsible Emerging Markets Equity ETF by 46.2% in the 4th quarter. Trademark Financial Management LLC now owns 11,129 shares of the company’s stock worth $723,000 after purchasing an additional 3,515 shares in the last quarter.

Avantis Responsible Emerging Markets Equity ETF Stock Performance

AVSE opened at $77.04 on Wednesday. The stock has a market cap of $215.71 million, a price-to-earnings ratio of 13.19 and a beta of 0.80. The firm’s fifty day moving average is $78.38 and its 200 day moving average is $74.92. Avantis Responsible Emerging Markets Equity ETF has a fifty-two week low of $59.88 and a fifty-two week high of $84.93.

About Avantis Responsible Emerging Markets Equity ETF

The Avantis Responsible Emerging Markets Equity ETF (AVSE) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in companies of all market capitalizations in emerging markets. Holdings are screened for multiple ESG metrics and fundamental criteria AVSE was launched on Mar 28, 2022 and is managed by American Century Investments.