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

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the target of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 13,400 shares, a growth of 97.1% from the November 15th total of 6,800 shares. Based on an average daily volume of 14,600 shares, the short-interest ratio is presently 0.9 days.

Avantis Emerging Markets ex-China Equity ETF Price Performance

Shares of AVXC stock traded up $0.39 on Friday, hitting $52.17. 4,032 shares of the stock traded hands, compared to its average volume of 8,748. The company’s fifty day moving average is $52.42 and its 200 day moving average is $52.62. Avantis Emerging Markets ex-China Equity ETF has a 1-year low of $48.49 and a 1-year high of $55.72. The company has a market capitalization of $59.47 million, a PE ratio of 12.49 and a beta of 0.83.

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. Signature Resources Capital Management LLC acquired a new position in Avantis Emerging Markets ex-China Equity ETF in the second quarter valued at approximately $25,000. Verus Financial Partners Inc. bought a new stake in Avantis Emerging Markets ex-China Equity ETF in the third quarter valued at $305,000. Centennial Wealth Advisory LLC acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the third quarter valued at $474,000. Retirement Planning Group LLC bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the third quarter worth about $761,000. Finally, Jane Street Group LLC lifted its position in Avantis Emerging Markets ex-China Equity ETF by 24.1% in the 3rd quarter. Jane Street Group LLC now owns 22,833 shares of the company’s stock valued at $1,235,000 after purchasing an additional 4,435 shares during the last quarter.

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.