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

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the recipient of a large drop in short interest in February. As of February 15th, there was short interest totalling 6,500 shares, a drop of 55.8% from the January 31st total of 14,700 shares. Based on an average daily volume of 9,900 shares, the days-to-cover ratio is currently 0.7 days.

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

A number of institutional investors have recently modified their holdings of AVXC. Trajan Wealth LLC grew its stake in Avantis Emerging Markets ex-China Equity ETF by 13.3% in the fourth quarter. Trajan Wealth LLC now owns 228,382 shares of the company’s stock worth $11,315,000 after purchasing an additional 26,729 shares in the last quarter. Ridgeline Wealth LLC bought a new position in Avantis Emerging Markets ex-China Equity ETF during the fourth quarter worth $2,179,000. JPMorgan Chase & Co. acquired a new position in Avantis Emerging Markets ex-China Equity ETF in the fourth quarter worth $2,164,000. Retirement Planning Group LLC boosted its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 78.0% in the 4th quarter. Retirement Planning Group LLC now owns 25,031 shares of the company’s stock valued at $1,240,000 after buying an additional 10,969 shares during the period. Finally, Jane Street Group LLC grew its position 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 valued at $1,235,000 after buying an additional 4,435 shares during the last quarter.

Avantis Emerging Markets ex-China Equity ETF Trading Down 1.2 %

Shares of NASDAQ:AVXC opened at $48.02 on Friday. The firm has a market cap of $66.27 million, a PE ratio of 12.48 and a beta of 0.83. The company has a fifty day simple moving average of $49.94 and a 200 day simple moving average of $51.79. Avantis Emerging Markets ex-China Equity ETF has a 12-month low of $47.76 and a 12-month high of $55.72.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, December 19th. Stockholders 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 an increase from Avantis Emerging Markets ex-China Equity ETF’s previous dividend of $0.28.

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.