Short Interest in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Increases By 648.6%

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 57,236 shares, a growth of 648.6% from the June 30th total of 7,646 shares. Approximately 1.1% of the shares of the company are sold short. Based on an average trading volume of 31,643 shares, the short-interest ratio is currently 1.8 days.

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

Several large investors have recently modified their holdings of the stock. Bank of Montreal Can acquired a new stake in shares of Avantis Emerging Markets ex-China Equity ETF during the fourth quarter worth $28,000. Bank of America Corp DE acquired a new position in Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter valued at $33,000. AdvisorNet Financial Inc acquired a new position in Avantis Emerging Markets ex-China Equity ETF in the 1st quarter valued at $39,000. Bogart Wealth LLC acquired a new position in Avantis Emerging Markets ex-China Equity ETF in the 1st quarter valued at $47,000. Finally, Lloyd Advisory Services LLC. purchased a new position in Avantis Emerging Markets ex-China Equity ETF during the 4th quarter worth $64,000.

Avantis Emerging Markets ex-China Equity ETF Stock Down 1.6%

AVXC opened at $77.87 on Friday. The business has a 50 day moving average price of $82.48 and a two-hundred day moving average price of $75.42. The company has a market cap of $389.35 million, a PE ratio of 13.75 and a beta of 0.86. Avantis Emerging Markets ex-China Equity ETF has a 52 week low of $55.65 and a 52 week high of $88.77.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Tuesday, June 9th were paid a $0.4432 dividend. This is an increase from Avantis Emerging Markets ex-China Equity ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Tuesday, June 9th. This represents a $1.77 annualized dividend and a dividend yield of 2.3%.

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.