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

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

Avantis Emerging Markets ex-China Equity ETF Price Performance

AVXC stock opened at $47.96 on Friday. The firm has a 50-day moving average of $48.65 and a 200 day moving average of $50.49. The company has a market cap of $66.18 million, a P/E ratio of 12.29 and a beta of 0.83. Avantis Emerging Markets ex-China Equity ETF has a 1 year low of $43.21 and a 1 year high of $55.72.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Tounjian Advisory Partners LLC bought a new stake in shares of Avantis Emerging Markets ex-China Equity ETF during the first quarter valued at approximately $4,241,000. Wealthcare Advisory Partners LLC bought a new stake in shares of Avantis Emerging Markets ex-China Equity ETF during the 1st quarter valued at $3,490,000. Ridgeline Wealth LLC purchased a new stake in shares of Avantis Emerging Markets ex-China Equity ETF in the 4th quarter worth about $2,179,000. JPMorgan Chase & Co. bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the 4th quarter worth about $2,164,000. Finally, Trajan Wealth LLC lifted its position in Avantis Emerging Markets ex-China Equity ETF by 13.3% during the 4th quarter. Trajan Wealth LLC now owns 228,382 shares of the company’s stock valued at $11,315,000 after acquiring an additional 26,729 shares during the period.

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.