Short Interest in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Declines By 14.6%

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 25,700 shares, a decrease of 14.6% from the December 31st total of 30,100 shares. Based on an average daily volume of 8,100 shares, the short-interest ratio is presently 3.2 days.

Institutional Trading of Avantis Emerging Markets ex-China Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Verus Financial Partners Inc. acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the third quarter valued at approximately $305,000. Centennial Wealth Advisory LLC acquired a new position in Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter valued at $474,000. Retirement Planning Group LLC acquired a new position in Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter valued at $761,000. Quantum Financial Advisors LLC lifted its holdings 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 valued at $818,000 after purchasing an additional 1,055 shares in the last quarter. Finally, Jane Street Group LLC boosted its stake in 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.

Avantis Emerging Markets ex-China Equity ETF Stock Performance

AVXC traded down $0.34 during trading on Monday, hitting $49.49. The stock had a trading volume of 3,932 shares, compared to its average volume of 10,280. Avantis Emerging Markets ex-China Equity ETF has a twelve month low of $48.35 and a twelve month high of $55.72. The company has a market capitalization of $68.29 million, a PE ratio of 12.49 and a beta of 0.83. The stock has a 50 day simple moving average of $50.59 and a two-hundred day simple moving average of $52.04.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

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

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.