Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Short Interest Up 175.5% in May

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 59,328 shares, a growth of 175.5% from the May 14th total of 21,533 shares. Currently, 1.3% of the company’s shares are short sold. Based on an average trading volume of 48,774 shares, the short-interest ratio is presently 1.2 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in AVXC. AE Wealth Management LLC increased its stake in Avantis Emerging Markets ex-China Equity ETF by 56.4% during the 4th quarter. AE Wealth Management LLC now owns 1,045,963 shares of the company’s stock worth $66,701,000 after buying an additional 377,075 shares during the period. Clearwater Capital Advisors LLC increased its stake in Avantis Emerging Markets ex-China Equity ETF by 13.8% during the 1st quarter. Clearwater Capital Advisors LLC now owns 464,766 shares of the company’s stock worth $31,433,000 after buying an additional 56,526 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in Avantis Emerging Markets ex-China Equity ETF by 3.2% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 334,097 shares of the company’s stock worth $21,306,000 after buying an additional 10,483 shares during the period. Vestment Financial LLC increased its stake in Avantis Emerging Markets ex-China Equity ETF by 3.2% during the 4th quarter. Vestment Financial LLC now owns 224,409 shares of the company’s stock worth $14,833,000 after buying an additional 6,862 shares during the period. Finally, Pacific Sage Partners LLC increased its stake in Avantis Emerging Markets ex-China Equity ETF by 0.9% during the 4th quarter. Pacific Sage Partners LLC now owns 148,846 shares of the company’s stock worth $9,492,000 after buying an additional 1,344 shares during the period.

Avantis Emerging Markets ex-China Equity ETF Trading Up 0.6%

Avantis Emerging Markets ex-China Equity ETF stock traded up $0.48 during mid-day trading on Friday, hitting $83.37. The company’s stock had a trading volume of 28,387 shares, compared to its average volume of 38,959. The firm has a market capitalization of $366.83 million, a PE ratio of 13.75 and a beta of 0.87. Avantis Emerging Markets ex-China Equity ETF has a 1 year low of $54.26 and a 1 year high of $86.80. The stock’s fifty day moving average is $78.22 and its two-hundred day moving average is $71.19.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Tuesday, June 9th were given a $0.4432 dividend. The ex-dividend date was Tuesday, June 9th. This is a positive change from Avantis Emerging Markets ex-China Equity ETF’s previous quarterly dividend of $0.02. This represents a $1.77 annualized dividend and a yield of 2.1%.

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.