Short Interest in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Drops By 59.3%

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 9,200 shares, a drop of 59.3% from the September 15th total of 22,600 shares. Based on an average daily volume of 18,200 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 18,200 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of AVXC. Asset Dedication LLC bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the second quarter valued at approximately $28,000. Park Square Financial Group LLC bought a new stake in Avantis Emerging Markets ex-China Equity ETF during the first quarter worth $44,000. Osaic Holdings Inc. bought a new stake in Avantis Emerging Markets ex-China Equity ETF during the second quarter worth $78,000. Red Lighthouse Investment Management LLC bought a new stake in Avantis Emerging Markets ex-China Equity ETF during the second quarter worth $223,000. Finally, Plancorp LLC bought a new stake in Avantis Emerging Markets ex-China Equity ETF during the second quarter worth $231,000.

Avantis Emerging Markets ex-China Equity ETF Stock Down 0.1%

AVXC stock opened at $61.37 on Friday. Avantis Emerging Markets ex-China Equity ETF has a twelve month low of $43.21 and a twelve month high of $61.86. The stock’s 50 day moving average is $59.04 and its 200-day moving average is $55.30. The firm has a market capitalization of $177.96 million, a PE ratio of 13.75 and a beta of 0.83.

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.