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

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 30,100 shares, a growth of 15.8% from the December 31st 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.

Institutional Trading of Avantis Emerging Markets ex-China Equity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC boosted its stake in shares of Avantis Emerging Markets ex-China Equity ETF by 24.1% during the 3rd quarter. Jane Street Group LLC now owns 22,833 shares of the company’s stock worth $1,235,000 after purchasing an additional 4,435 shares during the last quarter. Verus Financial Partners Inc. purchased a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the third quarter valued at approximately $305,000. Ridgeline Wealth LLC acquired a new stake in Avantis Emerging Markets ex-China Equity ETF during the fourth quarter worth approximately $2,179,000. Quantum Financial Advisors LLC grew its stake in Avantis Emerging Markets ex-China Equity ETF by 6.8% in the 4th quarter. Quantum Financial Advisors LLC now owns 16,503 shares of the company’s stock worth $818,000 after acquiring an additional 1,055 shares during the period. Finally, Trajan Wealth LLC acquired a new position in Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter valued at $10,911,000.

Avantis Emerging Markets ex-China Equity ETF Stock Down 0.7 %

Shares of Avantis Emerging Markets ex-China Equity ETF stock traded down $0.34 during trading on Friday, hitting $49.83. 7,601 shares of the company were exchanged, compared to its average volume of 10,690. Avantis Emerging Markets ex-China Equity ETF has a fifty-two week low of $48.35 and a fifty-two week high of $55.72. The firm has a 50 day moving average price of $50.59 and a 200 day moving average price of $52.07. The stock has a market capitalization of $68.77 million, a price-to-earnings ratio of 12.49 and a beta of 0.83.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

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

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.