Short Interest in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Decreases By 14.6%

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) saw a significant drop in short interest in January. As of January 15th, there was short interest totalling 25,700 shares, a drop of 14.6% from the December 31st total of 30,100 shares. Based on an average daily volume of 8,100 shares, the days-to-cover ratio is presently 3.2 days.

Avantis Emerging Markets ex-China Equity ETF Trading Down 0.7 %

Shares of AVXC stock traded down $0.34 on Friday, hitting $49.83. The stock had a trading volume of 7,601 shares, compared to its average volume of 10,690. Avantis Emerging Markets ex-China Equity ETF has a twelve month low of $48.35 and a twelve month high of $55.72. The company has a fifty day moving average price of $50.59 and a two-hundred day moving average price of $52.07. The firm has a market cap of $68.77 million, a P/E ratio of 12.49 and a beta of 0.83.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 19th. Shareholders of record on Tuesday, December 17th were paid a $0.3867 dividend. This is a boost from Avantis Emerging Markets ex-China Equity ETF’s previous dividend of $0.28. The ex-dividend date was Tuesday, December 17th.

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

Hedge funds have recently modified their holdings of the business. Jane Street Group LLC grew its position in shares of Avantis Emerging Markets ex-China Equity ETF by 24.1% in the 3rd quarter. Jane Street Group LLC now owns 22,833 shares of the company’s stock valued at $1,235,000 after purchasing an additional 4,435 shares during the period. Verus Financial Partners Inc. bought a new position in Avantis Emerging Markets ex-China Equity ETF in the third quarter valued at approximately $305,000. Ridgeline Wealth LLC acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the fourth quarter valued at approximately $2,179,000. Quantum Financial Advisors LLC boosted its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 6.8% in the fourth quarter. Quantum Financial Advisors LLC now owns 16,503 shares of the company’s stock valued at $818,000 after buying an additional 1,055 shares during the period. Finally, Trajan Wealth LLC bought a new stake in shares of Avantis Emerging Markets ex-China Equity ETF during the third quarter worth $10,911,000.

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.