Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) Sees Large Decrease in Short Interest

Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) saw a large decline in short interest in February. As of February 13th, there was short interest totaling 1,266 shares, a decline of 55.5% from the January 29th total of 2,844 shares. Based on an average daily volume of 4,765 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 4,765 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Avantis Responsible Emerging Markets Equity ETF

Several hedge funds have recently modified their holdings of the stock. Global Retirement Partners LLC acquired a new stake in shares of Avantis Responsible Emerging Markets Equity ETF during the third quarter valued at about $59,000. Kestra Advisory Services LLC acquired a new position in shares of Avantis Responsible Emerging Markets Equity ETF in the 4th quarter valued at approximately $78,000. North Ridge Wealth Advisors Inc. purchased a new position in shares of Avantis Responsible Emerging Markets Equity ETF during the 2nd quarter valued at approximately $80,000. WealthShield Partners LLC acquired a new stake in shares of Avantis Responsible Emerging Markets Equity ETF during the fourth quarter worth approximately $84,000. Finally, Signature Resources Capital Management LLC increased its stake in shares of Avantis Responsible Emerging Markets Equity ETF by 907.4% in the third quarter. Signature Resources Capital Management LLC now owns 1,501 shares of the company’s stock worth $95,000 after buying an additional 1,352 shares during the last quarter.

Avantis Responsible Emerging Markets Equity ETF Price Performance

Shares of AVSE stock traded down $0.31 during midday trading on Friday, reaching $74.19. 938 shares of the company traded hands, compared to its average volume of 9,450. The firm’s 50 day simple moving average is $69.38 and its two-hundred day simple moving average is $65.65. The firm has a market cap of $200.31 million, a PE ratio of 13.19 and a beta of 0.71. Avantis Responsible Emerging Markets Equity ETF has a 1-year low of $45.01 and a 1-year high of $75.21.

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.