Short Interest in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Grows By 15.8%

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 30,100 shares, an increase of 15.8% from the December 15th total of 26,000 shares. Based on an average daily volume of 7,500 shares, the days-to-cover ratio is currently 4.0 days.

Avantis Emerging Markets ex-China Equity ETF Price Performance

NASDAQ:AVXC traded up $0.16 during trading hours on Friday, reaching $49.80. The company’s stock had a trading volume of 41,712 shares, compared to its average volume of 12,947. The company has a market cap of $59.76 million, a price-to-earnings ratio of 12.49 and a beta of 0.83. Avantis Emerging Markets ex-China Equity ETF has a one year low of $48.35 and a one year high of $55.72. The business’s 50-day moving average is $50.81 and its 200-day moving average is $52.32.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, December 19th. Stockholders of record on Tuesday, December 17th were paid a dividend of $0.3867 per share. The ex-dividend date was Tuesday, December 17th. This is an increase from Avantis Emerging Markets ex-China Equity ETF’s previous dividend of $0.28.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in AVXC. Retirement Planning Group LLC bought a new position in Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter worth $761,000. Trajan Wealth LLC bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the third quarter worth about $10,911,000. Centennial Wealth Advisory LLC acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the 3rd quarter worth about $474,000. Verus Financial Partners Inc. bought a new stake in Avantis Emerging Markets ex-China Equity ETF during the 3rd quarter valued at approximately $305,000. Finally, Jane Street Group LLC grew its holdings in 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 buying an additional 4,435 shares during the last quarter.

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.