Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) Sees Significant Growth in Short Interest

Avantis Responsible Emerging Markets Equity ETF (NYSEARCA:AVSE) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 13,451 shares, a growth of 193.9% from the May 14th total of 4,576 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily volume of 10,651 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Investors Weigh In On Avantis Responsible Emerging Markets Equity ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in AVSE. Birchwood Financial Partners Inc. acquired a new stake in Avantis Responsible Emerging Markets Equity ETF during the first quarter worth about $32,000. Kestra Advisory Services LLC acquired a new stake in Avantis Responsible Emerging Markets Equity ETF during the fourth quarter worth about $78,000. North Ridge Wealth Advisors Inc. acquired a new stake in Avantis Responsible Emerging Markets Equity ETF during the second quarter worth about $80,000. WealthShield Partners LLC acquired a new stake in Avantis Responsible Emerging Markets Equity ETF during the fourth quarter worth about $84,000. Finally, Sankala Group LLC acquired a new stake in Avantis Responsible Emerging Markets Equity ETF during the fourth quarter worth about $86,000.

Avantis Responsible Emerging Markets Equity ETF Stock Performance

Avantis Responsible Emerging Markets Equity ETF stock traded up $0.49 during trading on Friday, hitting $80.36. The company’s stock had a trading volume of 11,175 shares, compared to its average volume of 13,711. The stock has a market capitalization of $216.97 million, a price-to-earnings ratio of 13.19 and a beta of 0.80. The stock’s fifty day moving average is $76.19 and its 200 day moving average is $70.84. Avantis Responsible Emerging Markets Equity ETF has a 1-year low of $56.58 and a 1-year high of $83.61.

Avantis Responsible Emerging Markets Equity ETF Company Profile

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.