Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Short Interest Up 94.0% in December

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 26,000 shares, a growth of 94.0% from the November 30th total of 13,400 shares. Based on an average daily trading volume, of 7,000 shares, the short-interest ratio is currently 3.7 days.

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

A number of hedge funds have recently modified their holdings of AVXC. Verus Financial Partners Inc. acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter valued at approximately $305,000. Centennial Wealth Advisory LLC bought a new position in Avantis Emerging Markets ex-China Equity ETF in the third quarter valued at approximately $474,000. Retirement Planning Group LLC acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the third quarter valued at approximately $761,000. Jane Street Group LLC increased its position 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 acquiring an additional 4,435 shares in the last quarter. Finally, Trajan Wealth LLC acquired a new stake in shares of Avantis Emerging Markets ex-China Equity ETF during the third quarter worth $10,911,000.

Avantis Emerging Markets ex-China Equity ETF Stock Down 0.6 %

Shares of AVXC traded down $0.28 during trading hours on Friday, reaching $49.96. The stock had a trading volume of 5,489 shares, compared to its average volume of 8,647. The company has a market cap of $56.95 million, a P/E ratio of 12.49 and a beta of 0.83. Avantis Emerging Markets ex-China Equity ETF has a 52 week low of $48.49 and a 52 week high of $55.72. The firm has a 50-day moving average of $51.75 and a 200 day moving average of $52.56.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 19th. Shareholders of record on Tuesday, December 17th were issued 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 of this dividend was Tuesday, December 17th.

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.