Short Interest in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Declines By 55.4%

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) saw a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 2,900 shares, a drop of 55.4% from the February 13th total of 6,500 shares. Based on an average daily volume of 10,400 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On Avantis Emerging Markets ex-China Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AVXC. Jane Street Group LLC grew its holdings in 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 valued at $1,235,000 after purchasing an additional 4,435 shares during the last quarter. Ridgeline Wealth LLC acquired a new position in Avantis Emerging Markets ex-China Equity ETF during the fourth quarter valued at approximately $2,179,000. Quantum Financial Advisors LLC grew its stake in shares of Avantis Emerging Markets ex-China Equity ETF by 6.8% in the fourth quarter. Quantum Financial Advisors LLC now owns 16,503 shares of the company’s stock worth $818,000 after acquiring an additional 1,055 shares during the last quarter. Global Strategic Investment Solutions LLC acquired a new stake in shares of Avantis Emerging Markets ex-China Equity ETF in the fourth quarter worth $269,000. Finally, Red Lighthouse Investment Management LLC acquired a new stake in shares of Avantis Emerging Markets ex-China Equity ETF in the fourth quarter worth $39,000.

Avantis Emerging Markets ex-China Equity ETF Stock Up 1.6 %

Shares of AVXC stock opened at $49.14 on Friday. Avantis Emerging Markets ex-China Equity ETF has a 12 month low of $47.55 and a 12 month high of $55.72. The business’s 50 day moving average is $49.66 and its two-hundred day moving average is $51.44. The company has a market cap of $67.81 million, a PE ratio of 12.48 and a beta of 0.83.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

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

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.