Short Interest in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Rises By 78.1%

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 21,533 shares, an increase of 78.1% from the April 30th total of 12,092 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 54,686 shares, the short-interest ratio is presently 0.4 days.

Avantis Emerging Markets ex-China Equity ETF Stock Down 1.0%

AVXC stock traded down $0.86 during midday trading on Wednesday, reaching $85.86. The stock had a trading volume of 5,454 shares, compared to its average volume of 39,060. The firm has a market cap of $377.78 million, a price-to-earnings ratio of 13.75 and a beta of 0.82. Avantis Emerging Markets ex-China Equity ETF has a twelve month low of $54.19 and a twelve month high of $86.80. The business has a fifty day simple moving average of $75.75 and a two-hundred day simple moving average of $70.03.

Avantis Emerging Markets ex-China Equity ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 12th. Investors of record on Tuesday, March 10th were paid a dividend of $0.0191 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Tuesday, March 10th.

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

Large investors have recently bought and sold shares of the business. Red Lighthouse Investment Management LLC grew its holdings in Avantis Emerging Markets ex-China Equity ETF by 3.4% during the 4th quarter. Red Lighthouse Investment Management LLC now owns 4,974 shares of the company’s stock worth $317,000 after acquiring an additional 163 shares during the period. Centennial Wealth Advisory LLC lifted its stake in shares of Avantis Emerging Markets ex-China Equity ETF by 4.4% in the 4th quarter. Centennial Wealth Advisory LLC now owns 6,170 shares of the company’s stock valued at $393,000 after purchasing an additional 259 shares during the period. Global Strategic Investment Solutions LLC boosted its position in shares of Avantis Emerging Markets ex-China Equity ETF by 4.8% in the 1st quarter. Global Strategic Investment Solutions LLC now owns 5,768 shares of the company’s stock worth $390,000 after purchasing an additional 262 shares during the last quarter. Csenge Advisory Group boosted its position in shares of Avantis Emerging Markets ex-China Equity ETF by 9.9% in the 4th quarter. Csenge Advisory Group now owns 4,687 shares of the company’s stock worth $299,000 after purchasing an additional 423 shares during the last quarter. Finally, MAI Capital Management acquired a new stake in shares of Avantis Emerging Markets ex-China Equity ETF during the third quarter worth $26,000.

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.