Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Sees Significant Increase 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 December. As of December 31st, there was short interest totalling 30,100 shares, a growth of 15.8% from the December 15th total of 26,000 shares. Based on an average daily volume of 7,500 shares, the short-interest ratio is presently 4.0 days.

Avantis Emerging Markets ex-China Equity ETF Stock Performance

Shares of NASDAQ AVXC traded up $0.16 during midday trading on Friday, hitting $49.80. The company’s stock had a trading volume of 41,712 shares, compared to its average volume of 12,947. Avantis Emerging Markets ex-China Equity ETF has a 1-year low of $48.35 and a 1-year high of $55.72. The firm’s fifty day moving average price is $50.81 and its 200-day moving average price is $52.32. The firm has a market cap of $59.76 million, a P/E ratio of 12.49 and a beta of 0.83.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

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

Institutional Trading of Avantis Emerging Markets ex-China Equity ETF

Large investors have recently modified their holdings of the company. 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. Ridgeline Wealth LLC acquired a new stake in shares of Avantis Emerging Markets ex-China Equity ETF in the fourth quarter valued at approximately $2,179,000. Retirement Planning Group LLC acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the third quarter worth approximately $761,000. Centennial Wealth Advisory LLC acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the third quarter worth approximately $474,000. Finally, Verus Financial Partners Inc. bought a new position in Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter worth approximately $305,000.

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.