Short Interest in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Declines By 55.8%

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the recipient of a large drop in short interest during the month of 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 trading volume, of 9,900 shares, the short-interest ratio is currently 0.7 days.

Avantis Emerging Markets ex-China Equity ETF Price Performance

Shares of NASDAQ:AVXC opened at $48.02 on Friday. Avantis Emerging Markets ex-China Equity ETF has a 12 month low of $47.76 and a 12 month high of $55.72. The firm has a market capitalization of $66.27 million, a P/E ratio of 12.48 and a beta of 0.83. The company’s fifty day moving average price is $49.94 and its 200 day moving average price is $51.79.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, December 19th. Investors of record on Tuesday, December 17th were paid a $0.3867 dividend. This is a boost from Avantis Emerging Markets ex-China Equity ETF’s previous dividend of $0.28. The ex-dividend date was Tuesday, December 17th.

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

Several hedge funds have recently added to or reduced their stakes in AVXC. Centennial Wealth Advisory LLC purchased a new stake in shares of Avantis Emerging Markets ex-China Equity ETF in the third quarter valued at about $474,000. Verus Financial Partners Inc. purchased a new stake in Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter valued at approximately $305,000. Jane Street Group LLC grew its holdings in 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. Ridgeline Wealth LLC purchased a new position in Avantis Emerging Markets ex-China Equity ETF during the fourth quarter worth $2,179,000. Finally, Quantum Financial Advisors LLC raised its holdings 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.

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.