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

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 30,100 shares, an increase of 15.8% from the December 15th total of 26,000 shares. Based on an average daily trading volume, of 7,500 shares, the short-interest ratio is currently 4.0 days.

Avantis Emerging Markets ex-China Equity ETF Trading Up 0.3 %

Shares of NASDAQ:AVXC traded up $0.16 during trading on Friday, reaching $49.80. The company’s stock had a trading volume of 41,712 shares, compared to its average volume of 12,947. The firm’s 50 day simple moving average is $50.86 and its two-hundred day simple moving average is $52.34. Avantis Emerging Markets ex-China Equity ETF has a 12 month low of $48.35 and a 12 month high of $55.72. The stock has a market capitalization of $59.76 million, a PE ratio of 12.49 and a beta of 0.83.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

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

Institutional Investors Weigh In On Avantis Emerging Markets ex-China Equity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in AVXC. Quantum Financial Advisors LLC boosted its position in shares of Avantis Emerging Markets ex-China Equity ETF by 6.8% during the fourth 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 period. Ridgeline Wealth LLC bought a new stake in shares of Avantis Emerging Markets ex-China Equity ETF during the 4th quarter worth approximately $2,179,000. Jane Street Group LLC boosted its holdings in 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 valued at $1,235,000 after acquiring an additional 4,435 shares during the period. Verus Financial Partners Inc. bought a new position in Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter valued at $305,000. Finally, Centennial Wealth Advisory LLC purchased a new stake in Avantis Emerging Markets ex-China Equity ETF in the third quarter worth $474,000.

About Avantis Emerging Markets ex-China Equity ETF

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.