Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Short Interest Update

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the target of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 14,700 shares, a decline of 42.8% from the January 15th total of 25,700 shares. Based on an average daily trading volume, of 8,500 shares, the days-to-cover ratio is currently 1.7 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Jane Street Group LLC raised 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 buying an additional 4,435 shares during the last quarter. Verus Financial Partners Inc. acquired a new position in Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter valued at about $305,000. Ridgeline Wealth LLC acquired a new position in Avantis Emerging Markets ex-China Equity ETF in the 4th quarter valued at about $2,179,000. Quantum Financial Advisors LLC raised 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 valued at $818,000 after purchasing an additional 1,055 shares during the last quarter. Finally, Trajan Wealth LLC acquired a new position in Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter valued at about $10,911,000.

Avantis Emerging Markets ex-China Equity ETF Stock Down 0.3 %

NASDAQ:AVXC opened at $49.85 on Thursday. The company has a market capitalization of $68.79 million, a PE ratio of 12.49 and a beta of 0.83. Avantis Emerging Markets ex-China Equity ETF has a 52-week low of $48.35 and a 52-week high of $55.72. The stock has a fifty day simple moving average of $50.33 and a 200-day simple moving average of $51.91.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The company 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 of this dividend was Tuesday, December 17th. This is an increase 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.