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Avantis All International Markets Equity ETF (NYSEARCA:AVNM - Get Free Report) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totaling 16,389 shares, a growth of 27.4% from the December 15th total of 12,864 shares. Based on an average daily volume of 68,917 shares,
Avantis All International Markets Equity ETF offers diversified exposure to international developed and emerging markets through a fund-of-funds structure. AVNM seeks long-term capital appreciation by investing in other Avantis ETFs, focusing on securities with higher expected returns and efficient portfolio management. Compared to the Vanguard Total International Stock Index Fund ETF Shares, AVNM aims to enhance returns while maintaining diversification and managing risks and costs. AVNM gets a Buy rating.
While international investing may make some traders nervous, there is still plenty of value to be found in international equities, especially via an active management. To start, international equities can provide portfolios with essential diversification from the U.S. market.
With the expectation of Federal Reserve rate cuts to come this year, global central banks could also follow suit. This could pave the way for international equities to run higher, giving investors upside while also getting diversified exposure.
Avantis Investors has listed four new active ETFs on the New York Stock Exchange today. Each fund seeks long-term capital appreciation.
SEC filings for AVNM aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.