Avantis All International Markets Equity ETF (NYSEARCA:AVNM) Short Interest Update

Avantis All International Markets Equity ETF (NYSEARCA:AVNM) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 12,864 shares, a growth of 33.7% from the November 30th total of 9,622 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 38,415 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 38,415 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are short sold.

Avantis All International Markets Equity ETF Stock Up 0.3%

NYSEARCA AVNM traded up $0.20 during mid-day trading on Tuesday, hitting $73.67. The stock had a trading volume of 33,529 shares, compared to its average volume of 38,466. The company has a 50 day simple moving average of $72.07 and a 200 day simple moving average of $69.30. The company has a market cap of $412.55 million, a price-to-earnings ratio of 13.10 and a beta of 0.61. Avantis All International Markets Equity ETF has a 52-week low of $51.41 and a 52-week high of $73.83.

Institutional Investors Weigh In On Avantis All International Markets Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Merit Financial Group LLC purchased a new position in Avantis All International Markets Equity ETF during the 2nd quarter valued at about $111,831,000. FMB Wealth Management acquired a new stake in shares of Avantis All International Markets Equity ETF in the second quarter valued at approximately $257,000. BWM Planning LLC increased its stake in shares of Avantis All International Markets Equity ETF by 23.6% during the 2nd quarter. BWM Planning LLC now owns 238,643 shares of the company’s stock worth $15,586,000 after purchasing an additional 45,565 shares in the last quarter. Geometric Wealth Advisors raised its position in shares of Avantis All International Markets Equity ETF by 207.2% during the 2nd quarter. Geometric Wealth Advisors now owns 670,665 shares of the company’s stock worth $43,801,000 after purchasing an additional 452,344 shares during the last quarter. Finally, Cloud Capital Management LLC lifted its stake in Avantis All International Markets Equity ETF by 83.7% in the 2nd quarter. Cloud Capital Management LLC now owns 8,345 shares of the company’s stock valued at $549,000 after buying an additional 3,802 shares in the last quarter.

About Avantis All International Markets Equity ETF

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.