Short Interest in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Declines By 14.6%

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 25,700 shares, a decline of 14.6% from the December 31st total of 30,100 shares. Based on an average daily trading volume, of 8,100 shares, the days-to-cover ratio is currently 3.2 days.

Institutional Trading of Avantis Emerging Markets ex-China Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of AVXC. Verus Financial Partners Inc. acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter valued at about $305,000. Centennial Wealth Advisory LLC acquired a new position in Avantis Emerging Markets ex-China Equity ETF in the third quarter valued at approximately $474,000. Retirement Planning Group LLC acquired a new position in Avantis Emerging Markets ex-China Equity ETF in the third quarter valued at approximately $761,000. Quantum Financial Advisors LLC boosted its stake in Avantis Emerging Markets ex-China Equity ETF by 6.8% in the fourth quarter. Quantum Financial Advisors LLC now owns 16,503 shares of the company’s stock valued at $818,000 after acquiring an additional 1,055 shares during the period. Finally, Jane Street Group LLC raised its position in shares of Avantis Emerging Markets ex-China Equity ETF by 24.1% during the 3rd quarter. Jane Street Group LLC now owns 22,833 shares of the company’s stock worth $1,235,000 after purchasing an additional 4,435 shares during the period.

Avantis Emerging Markets ex-China Equity ETF Stock Down 0.7 %

Shares of AVXC traded down $0.34 during mid-day trading on Monday, hitting $49.49. The stock had a trading volume of 1,962 shares, compared to its average volume of 10,274. Avantis Emerging Markets ex-China Equity ETF has a fifty-two week low of $48.35 and a fifty-two week high of $55.72. The company has a market cap of $68.29 million, a PE ratio of 12.49 and a beta of 0.83. The company’s fifty day simple moving average is $50.59 and its two-hundred day simple moving average is $52.04.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, December 19th. Investors of record on Tuesday, December 17th were paid a dividend of $0.3867 per share. The ex-dividend date was Tuesday, December 17th. This is a boost from Avantis Emerging Markets ex-China Equity ETF’s previous dividend of $0.28.

Avantis Emerging Markets ex-China Equity ETF Company Profile

The Avantis Emerging Markets ex-China Equity ETF (AVXC) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in emerging market companies (excluding China) with high profitability and value characteristics. The fund seeks long-term capital growth AVXC was launched on Mar 19, 2024 and is issued by American Century Investments.