Short Interest in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Expands By 94.0%

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 26,000 shares, a growth of 94.0% from the November 30th total of 13,400 shares. Based on an average daily trading volume, of 7,000 shares, the days-to-cover ratio is presently 3.7 days.

Hedge Funds Weigh In On Avantis Emerging Markets ex-China Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Retirement Planning Group LLC purchased a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter valued at about $761,000. Trajan Wealth LLC purchased a new position in Avantis Emerging Markets ex-China Equity ETF in the third quarter worth approximately $10,911,000. Centennial Wealth Advisory LLC acquired a new position in Avantis Emerging Markets ex-China Equity ETF during the 3rd quarter worth approximately $474,000. Verus Financial Partners Inc. purchased a new stake in shares of Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter valued at approximately $305,000. Finally, Jane Street Group LLC raised its holdings in shares of 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 in the last quarter.

Avantis Emerging Markets ex-China Equity ETF Stock Down 0.6 %

NASDAQ:AVXC traded down $0.28 on Friday, reaching $49.96. 5,489 shares of the company’s stock were exchanged, compared to its average volume of 8,647. The business has a fifty day moving average of $51.83 and a 200-day moving average of $52.58. Avantis Emerging Markets ex-China Equity ETF has a 52-week low of $48.49 and a 52-week high of $55.72. The firm has a market capitalization of $56.95 million, a price-to-earnings ratio of 12.49 and a beta of 0.83.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

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

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.