Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE) Short Interest Update

Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 86,813 shares, a growth of 74.6% from the July 15th total of 49,734 shares. Currently, 4.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 18,413 shares, the days-to-cover ratio is presently 4.7 days.

Institutional Investors Weigh In On Avantis Emerging Markets Small Cap Equity ETF

A number of institutional investors have recently made changes to their positions in AVEE. Ares Financial Consulting LLC raised its position in Avantis Emerging Markets Small Cap Equity ETF by 807.5% in the 2nd quarter. Ares Financial Consulting LLC now owns 2,432 shares of the company’s stock worth $169,000 after purchasing an additional 2,164 shares during the period. Evanson Financial LLC purchased a new stake in Avantis Emerging Markets Small Cap Equity ETF during the second quarter valued at about $204,000. Plancorp LLC purchased a new stake in Avantis Emerging Markets Small Cap Equity ETF during the fourth quarter valued at about $257,000. Jane Street Group LLC bought a new position in shares of Avantis Emerging Markets Small Cap Equity ETF during the fourth quarter valued at about $259,000. Finally, B&D White Capital Company LLC bought a new position in shares of Avantis Emerging Markets Small Cap Equity ETF during the fourth quarter valued at about $308,000.

Avantis Emerging Markets Small Cap Equity ETF Stock Performance

AVEE traded up $0.66 during midday trading on Monday, hitting $69.05. The stock had a trading volume of 5,935 shares, compared to its average volume of 14,151. Avantis Emerging Markets Small Cap Equity ETF has a 1 year low of $60.89 and a 1 year high of $72.93. The business has a fifty day moving average of $67.76 and a 200 day moving average of $67.68. The company has a market cap of $124.29 million, a P/E ratio of 13.82 and a beta of 0.69.

About Avantis Emerging Markets Small Cap Equity ETF

The Avantis Emerging Markets Small Cap Equity ETF (AVEE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap companies in the emerging market equity space, selected based on fundamental criteria. AVEE was launched on Nov 7, 2023 and is issued by American Century Investments.