Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) Sees Significant Increase in Short Interest

Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 12,827 shares, an increase of 190.3% from the August 15th total of 4,419 shares. Based on an average daily volume of 8,426 shares, the short-interest ratio is presently 1.5 days. Currently, 0.5% of the company’s shares are short sold.

Avantis Responsible Emerging Markets Equity ETF Trading Down 2.1%

AVSE stock traded down $1.67 during midday trading on Monday, hitting $78.38. The company had a trading volume of 3,345 shares, compared to its average volume of 13,363. The stock has a market cap of $219.45 million, a price-to-earnings ratio of 13.19 and a beta of 0.81. Avantis Responsible Emerging Markets Equity ETF has a 52 week low of $61.79 and a 52 week high of $84.93. The stock’s 50 day moving average price is $77.89 and its 200 day moving average price is $75.91.

Hedge Funds Weigh In On Avantis Responsible Emerging Markets Equity ETF

Several hedge funds have recently made changes to their positions in AVSE. Maseco LLP bought a new position in shares of Avantis Responsible Emerging Markets Equity ETF during the first quarter valued at approximately $28,996,000. Orgel Wealth Management LLC bought a new stake in Avantis Responsible Emerging Markets Equity ETF in the second quarter valued at $10,458,000. Trailhead Planners LLC purchased a new position in Avantis Responsible Emerging Markets Equity ETF during the 4th quarter valued at $2,488,000. Mercer Global Advisors Inc. ADV purchased a new stake in shares of Avantis Responsible Emerging Markets Equity ETF in the 3rd quarter worth about $1,740,000. Finally, Jane Street Group LLC boosted its stake in shares of Avantis Responsible Emerging Markets Equity ETF by 50.2% during the 4th quarter. Jane Street Group LLC now owns 49,115 shares of the company’s stock valued at $3,191,000 after purchasing an additional 16,426 shares in the last quarter.

Avantis Responsible Emerging Markets Equity ETF Company Profile

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.