Short Interest in Avantis All International Markets Equity ETF (NYSEARCA:AVNM) Expands By 82.7%

Avantis All International Markets Equity ETF (NYSEARCA:AVNM) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 127,645 shares, a growth of 82.7% from the July 15th total of 69,882 shares. Based on an average daily volume of 49,889 shares, the short-interest ratio is currently 2.6 days. Currently, 1.5% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. CWM LLC lifted its stake in Avantis All International Markets Equity ETF by 188.8% in the fourth quarter. CWM LLC now owns 335 shares of the company’s stock valued at $25,000 after acquiring an additional 219 shares during the last quarter. Team Financial Group LLC acquired a new position in Avantis All International Markets Equity ETF in the 1st quarter valued at about $30,000. Allworth Financial LP acquired a new stake in Avantis All International Markets Equity ETF during the fourth quarter worth approximately $36,000. Global Retirement Partners LLC bought a new stake in shares of Avantis All International Markets Equity ETF during the fourth quarter worth approximately $99,000. Finally, Royal Bank of Canada increased its stake in shares of Avantis All International Markets Equity ETF by 167.9% during the fourth quarter. Royal Bank of Canada now owns 2,925 shares of the company’s stock worth $215,000 after purchasing an additional 1,833 shares during the period.

Avantis All International Markets Equity ETF Trading Down 0.9%

Shares of Avantis All International Markets Equity ETF stock traded down $0.76 during trading on Tuesday, reaching $84.83. The stock had a trading volume of 11,253 shares, compared to its average volume of 63,288. Avantis All International Markets Equity ETF has a 52 week low of $67.37 and a 52 week high of $85.82. The stock has a fifty day moving average price of $82.69 and a two-hundred day moving average price of $81.24. The company has a market capitalization of $721.05 million, a price-to-earnings ratio of 13.10 and a beta of 0.66.

Avantis All International Markets Equity ETF Company Profile

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.