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

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the recipient of a significant increase in short interest in November. As of November 30th, there was short interest totalling 13,400 shares, an increase of 97.1% from the November 15th total of 6,800 shares. Based on an average daily trading volume, of 14,600 shares, the short-interest ratio is presently 0.9 days.

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

Several hedge funds have recently added to or reduced their stakes in AVXC. Signature Resources Capital Management LLC acquired a new stake in shares of Avantis Emerging Markets ex-China Equity ETF during the second quarter worth $25,000. Retirement Planning Group LLC bought a new position in Avantis Emerging Markets ex-China Equity ETF during the 3rd quarter worth approximately $761,000. Trajan Wealth LLC bought a new stake in Avantis Emerging Markets ex-China Equity ETF in the third quarter valued at approximately $10,911,000. Centennial Wealth Advisory LLC acquired a new stake in Avantis Emerging Markets ex-China Equity ETF in the third quarter worth $474,000. Finally, Verus Financial Partners Inc. acquired a new stake in Avantis Emerging Markets ex-China Equity ETF during the 3rd quarter worth $305,000.

Avantis Emerging Markets ex-China Equity ETF Trading Up 0.8 %

Shares of AVXC traded up $0.39 during mid-day trading on Friday, hitting $52.17. 4,032 shares of the company traded hands, compared to its average volume of 8,748. The business has a 50-day moving average of $52.42 and a 200 day moving average of $52.62. Avantis Emerging Markets ex-China Equity ETF has a one year low of $48.49 and a one year high of $55.72. The stock has a market capitalization of $59.47 million, a price-to-earnings ratio of 12.49 and a beta of 0.83.

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.