Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Short Interest Down 25.0% in December

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the target of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 13,998 shares, a decline of 25.0% from the November 30th total of 18,676 shares. Based on an average daily volume of 15,396 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.5% of the company’s stock are sold short. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 15,396 shares, the days-to-cover ratio is presently 0.9 days.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AVXC. Kestra Advisory Services LLC bought a new position in Avantis Emerging Markets ex-China Equity ETF during the 1st quarter worth about $786,000. CreativeOne Wealth LLC acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the first quarter worth about $594,000. RMR Wealth Builders bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the second quarter worth about $271,000. Ridgeline Wealth LLC grew its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 18.1% during the second quarter. Ridgeline Wealth LLC now owns 53,862 shares of the company’s stock worth $3,050,000 after buying an additional 8,268 shares in the last quarter. Finally, Fortitude Family Office LLC acquired a new stake in Avantis Emerging Markets ex-China Equity ETF in the 2nd quarter valued at approximately $1,867,000.

Avantis Emerging Markets ex-China Equity ETF Stock Performance

Shares of AVXC stock opened at $63.50 on Tuesday. Avantis Emerging Markets ex-China Equity ETF has a 52 week low of $43.21 and a 52 week high of $63.69. The company’s 50 day moving average price is $62.46 and its two-hundred day moving average price is $59.52. The company has a market capitalization of $184.14 million, a P/E ratio of 13.75 and a beta of 0.47.

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.