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 recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 6,800 shares, a growth of 257.9% from the October 31st total of 1,900 shares. Based on an average daily trading volume, of 14,200 shares, the days-to-cover ratio is presently 0.5 days.

Avantis Emerging Markets ex-China Equity ETF Stock Up 0.0 %

Shares of AVXC stock traded up $0.00 during trading hours on Friday, hitting $51.33. 9,147 shares of the company were exchanged, compared to its average volume of 8,885. The firm has a fifty day moving average of $52.88 and a 200 day moving average of $52.61. Avantis Emerging Markets ex-China Equity ETF has a 1 year low of $48.49 and a 1 year high of $55.72. The firm has a market cap of $58.52 million, a PE ratio of 12.49 and a beta of 0.83.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AVXC. Quantum Financial Advisors LLC acquired a new stake in Avantis Emerging Markets ex-China Equity ETF during the 2nd quarter worth approximately $810,000. Signature Resources Capital Management LLC purchased a new stake in Avantis Emerging Markets ex-China Equity ETF during the second quarter worth approximately $25,000. Retirement Planning Group LLC acquired a new stake in shares of Avantis Emerging Markets ex-China Equity ETF in the third quarter worth $761,000. Trajan Wealth LLC purchased a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter valued at $10,911,000. Finally, Centennial Wealth Advisory LLC purchased a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter valued at $474,000.

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.