Short Interest in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Decreases By 63.4%

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 7,646 shares, a decline of 63.4% from the June 15th total of 20,895 shares. Based on an average trading volume of 47,979 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Bank of Montreal Can bought a new stake in Avantis Emerging Markets ex-China Equity ETF during the 4th quarter worth about $28,000. Bank of America Corp DE bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the third quarter worth about $33,000. AdvisorNet Financial Inc bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the first quarter worth about $39,000. Bogart Wealth LLC bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the first 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 fourth quarter worth approximately $64,000.

Avantis Emerging Markets ex-China Equity ETF Price Performance

NASDAQ AVXC opened at $82.90 on Monday. The stock’s 50 day simple moving average is $82.75 and its 200 day simple moving average is $74.41. Avantis Emerging Markets ex-China Equity ETF has a one year low of $55.65 and a one year high of $88.77. The firm has a market cap of $414.50 million, a PE 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 issued a dividend of $0.4432 per share. The ex-dividend date was Tuesday, June 9th. This is a boost from Avantis Emerging Markets ex-China Equity ETF’s previous quarterly dividend of $0.02. This represents a $1.77 annualized dividend and a dividend yield of 2.1%.

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.