Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Sees Large Increase in Short Interest

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) saw a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 13,400 shares, an increase of 97.1% from the November 15th total of 6,800 shares. Based on an average trading volume of 14,600 shares, the short-interest ratio is currently 0.9 days.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Verus Financial Partners Inc. bought a new position in Avantis Emerging Markets ex-China Equity ETF in the third quarter valued at about $305,000. Trajan Wealth LLC acquired a new position in Avantis Emerging Markets ex-China Equity ETF during the 3rd quarter valued at about $10,911,000. Centennial Wealth Advisory LLC bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter valued at about $474,000. Retirement Planning Group LLC acquired a new stake in shares of Avantis Emerging Markets ex-China Equity ETF during the 3rd quarter worth approximately $761,000. Finally, Jane Street Group LLC raised its stake in shares of Avantis Emerging Markets ex-China Equity ETF by 24.1% during the third quarter. Jane Street Group LLC now owns 22,833 shares of the company’s stock worth $1,235,000 after buying an additional 4,435 shares during the last quarter.

Avantis Emerging Markets ex-China Equity ETF Trading Up 0.8 %

Shares of AVXC traded up $0.39 during mid-day trading on Friday, hitting $52.17. 4,032 shares of the company traded hands, compared to its average volume of 8,748. The stock has a market capitalization of $59.47 million, a price-to-earnings ratio of 12.49 and a beta of 0.83. The business has a 50-day moving average of $52.42 and a 200 day moving average of $52.62. Avantis Emerging Markets ex-China Equity ETF has a one year low of $48.49 and a one year high of $55.72.

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.