Avantis All International Markets Equity ETF (NYSEARCA:AVNM) Short Interest Down 88.4% in March

Avantis All International Markets Equity ETF (NYSEARCA:AVNM) saw a significant decline in short interest in March. As of March 13th, there was short interest totaling 13,021 shares, a decline of 88.4% from the February 26th total of 112,671 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 104,241 shares, the short-interest ratio is presently 0.1 days.

Avantis All International Markets Equity ETF Stock Down 2.3%

Shares of NYSEARCA AVNM traded down $1.77 during mid-day trading on Thursday, reaching $74.53. 69,963 shares of the company were exchanged, compared to its average volume of 72,810. The stock has a market capitalization of $499.35 million, a P/E ratio of 13.10 and a beta of 0.61. Avantis All International Markets Equity ETF has a twelve month low of $51.41 and a twelve month high of $83.61. The company’s 50-day simple moving average is $78.92 and its 200-day simple moving average is $74.37.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. CWM LLC boosted its position 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 buying an additional 219 shares in the last quarter. Allworth Financial LP acquired a new position in shares of Avantis All International Markets Equity ETF during the fourth quarter worth $36,000. Global Retirement Partners LLC bought a new position in shares of Avantis All International Markets Equity ETF in the 4th quarter valued at $99,000. Frankly Finances LLC bought a new position in shares of Avantis All International Markets Equity ETF in the 4th quarter valued at $202,000. Finally, Royal Bank of Canada boosted its holdings in shares of Avantis All International Markets Equity ETF by 167.9% during the 4th quarter. Royal Bank of Canada now owns 2,925 shares of the company’s stock valued at $215,000 after acquiring an additional 1,833 shares in the last quarter.

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.