Short Interest in Avantis All International Markets Equity ETF (NYSEARCA:AVNM) Decreases By 19.6%

Avantis All International Markets Equity ETF (NYSEARCA:AVNM) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totaling 62,537 shares, a drop of 19.6% from the March 31st total of 77,781 shares. Based on an average daily volume of 52,484 shares, the short-interest ratio is currently 1.2 days. Approximately 0.8% of the shares of the stock are sold short.

Avantis All International Markets Equity ETF Stock Down 0.1%

NYSEARCA AVNM traded down $0.09 during mid-day trading on Friday, hitting $81.62. The stock had a trading volume of 46,867 shares, compared to its average volume of 68,478. Avantis All International Markets Equity ETF has a 52-week low of $60.69 and a 52-week high of $83.61. The company has a market cap of $620.31 million, a price-to-earnings ratio of 13.10 and a beta of 0.65. The company has a 50 day simple moving average of $79.01 and a 200 day simple moving average of $75.97.

Hedge Funds Weigh In On Avantis All International Markets Equity ETF

Several hedge funds have recently bought and sold shares of AVNM. Ausdal Financial Partners Inc. increased its position in Avantis All International Markets Equity ETF by 27.7% during the second quarter. Ausdal Financial Partners Inc. now owns 41,481 shares of the company’s stock worth $2,709,000 after buying an additional 8,997 shares in the last quarter. Jane Street Group LLC increased its position in Avantis All International Markets Equity ETF by 1,399.0% during the second quarter. Jane Street Group LLC now owns 51,461 shares of the company’s stock worth $3,361,000 after buying an additional 48,028 shares in the last quarter. North Ridge Wealth Advisors Inc. increased its position in Avantis All International Markets Equity ETF by 1,916.4% during the second quarter. North Ridge Wealth Advisors Inc. now owns 9,739 shares of the company’s stock worth $636,000 after buying an additional 9,256 shares in the last quarter. Merit Financial Group LLC increased its position in Avantis All International Markets Equity ETF by 4.1% during the third quarter. Merit Financial Group LLC now owns 1,782,652 shares of the company’s stock worth $125,855,000 after buying an additional 70,338 shares in the last quarter. Finally, Altus Wealth Group LLC increased its position in Avantis All International Markets Equity ETF by 3.6% during the third quarter. Altus Wealth Group LLC now owns 28,589 shares of the company’s stock worth $2,018,000 after buying an additional 984 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.