Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Sees Significant Decrease in Short Interest

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) saw a large decrease in short interest in March. As of March 31st, there was short interest totalling 14,500 shares, a decrease of 31.9% from the March 15th total of 21,300 shares. Based on an average daily volume of 13,900 shares, the short-interest ratio is currently 1.0 days. Approximately 1.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Red Lighthouse Investment Management LLC purchased a new stake in Avantis Emerging Markets ex-China Equity ETF during the 4th quarter valued at about $39,000. Global Strategic Investment Solutions LLC bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the fourth quarter worth approximately $269,000. Apella Capital LLC purchased a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the first quarter worth $272,000. Quantum Financial Advisors LLC raised its holdings in Avantis Emerging Markets ex-China Equity ETF by 6.8% during the 4th quarter. Quantum Financial Advisors LLC now owns 16,503 shares of the company’s stock valued at $818,000 after buying an additional 1,055 shares during the last quarter. Finally, Prudent Man Investment Management Inc. purchased a new stake in Avantis Emerging Markets ex-China Equity ETF during the 4th quarter valued at $1,078,000.

Avantis Emerging Markets ex-China Equity ETF Stock Up 0.8 %

Shares of NASDAQ:AVXC opened at $47.96 on Friday. The stock has a market cap of $69.06 million, a PE ratio of 12.29 and a beta of 0.83. The company’s fifty day moving average is $48.61 and its 200 day moving average is $50.42. Avantis Emerging Markets ex-China Equity ETF has a 52 week low of $43.21 and a 52 week high of $55.72.

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.