Short Interest in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Grows By 15.8%

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the target of a large increase in short interest in 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 trading volume of 7,500 shares, the short-interest ratio is presently 4.0 days.

Avantis Emerging Markets ex-China Equity ETF Price Performance

AVXC traded up $0.16 during trading hours on Friday, hitting $49.80. 41,712 shares of the stock were exchanged, compared to its average volume of 12,947. The stock has a market cap of $59.76 million, a price-to-earnings ratio of 12.49 and a beta of 0.83. The stock has a 50-day simple moving average of $50.81 and a 200-day simple moving average of $52.32. Avantis Emerging Markets ex-China Equity ETF has a 12 month low of $48.35 and a 12 month high of $55.72.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 19th. Stockholders of record on Tuesday, December 17th were given a $0.3867 dividend. This is an increase from Avantis Emerging Markets ex-China Equity ETF’s previous dividend of $0.28. The ex-dividend date of this dividend was Tuesday, December 17th.

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

Institutional investors have recently modified their holdings of the business. Jane Street Group LLC lifted its holdings in Avantis Emerging Markets ex-China Equity ETF by 24.1% in the third quarter. Jane Street Group LLC now owns 22,833 shares of the company’s stock worth $1,235,000 after acquiring an additional 4,435 shares during the last quarter. Ridgeline Wealth LLC bought a new stake in shares of Avantis Emerging Markets ex-China Equity ETF in the 4th quarter worth approximately $2,179,000. Verus Financial Partners Inc. acquired a new position in Avantis Emerging Markets ex-China Equity ETF during the 3rd quarter valued at approximately $305,000. Quantum Financial Advisors LLC boosted its position 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 purchasing an additional 1,055 shares during the period. Finally, Trajan Wealth LLC acquired a new stake in Avantis Emerging Markets ex-China Equity ETF in the third quarter worth $10,911,000.

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.