Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Short Interest Up 648.6% in July

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 57,236 shares, an increase of 648.6% from the June 30th total of 7,646 shares. Based on an average daily volume of 31,643 shares, the short-interest ratio is presently 1.8 days. Currently, 1.1% of the shares of the stock are sold short.

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

A number of institutional investors have recently added to or reduced their stakes in AVXC. Bank of Montreal Can purchased a new position in Avantis Emerging Markets ex-China Equity ETF during the fourth quarter valued at $28,000. Bank of America Corp DE purchased a new stake in shares of Avantis Emerging Markets ex-China Equity ETF during the third quarter worth about $33,000. AdvisorNet Financial Inc purchased a new stake in shares of Avantis Emerging Markets ex-China Equity ETF during the first quarter worth about $39,000. Bogart Wealth LLC acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the 1st quarter worth about $47,000. Finally, Lloyd Advisory Services LLC. acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the 4th quarter worth about $64,000.

Avantis Emerging Markets ex-China Equity ETF Price Performance

AVXC stock traded down $1.30 during mid-day trading on Friday, reaching $77.87. 39,874 shares of the company’s stock were exchanged, compared to its average volume of 38,641. Avantis Emerging Markets ex-China Equity ETF has a 12-month low of $55.65 and a 12-month high of $88.77. The stock’s 50 day moving average is $82.48 and its 200 day moving average is $75.42. The company has a market cap of $389.35 million, a price-to-earnings ratio of 13.75 and a beta of 0.86.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Tuesday, June 9th were given a dividend of $0.4432 per share. This is a positive change from Avantis Emerging Markets ex-China Equity ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Tuesday, June 9th. This represents a $1.77 dividend on an annualized basis and a dividend yield of 2.3%.

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.