Short Interest in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Grows By 271.9%

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 137,143 shares, an increase of 271.9% from the January 29th total of 36,880 shares. Approximately 3.9% of the company’s shares are short sold. Based on an average daily volume of 46,054 shares, the days-to-cover ratio is currently 3.0 days. Based on an average daily volume of 46,054 shares, the days-to-cover ratio is currently 3.0 days. Approximately 3.9% of the company’s shares are short sold.

Institutional Trading of Avantis Emerging Markets ex-China Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. AE Wealth Management LLC raised its position in shares of Avantis Emerging Markets ex-China Equity ETF by 56.4% in the 4th quarter. AE Wealth Management LLC now owns 1,045,963 shares of the company’s stock valued at $66,701,000 after acquiring an additional 377,075 shares during the period. Pacific Sage Partners LLC bought a new stake in Avantis Emerging Markets ex-China Equity ETF in the third quarter valued at approximately $8,840,000. Vestment Financial LLC increased its stake in Avantis Emerging Markets ex-China Equity ETF by 143.8% in the third quarter. Vestment Financial LLC now owns 217,547 shares of the company’s stock valued at $13,149,000 after purchasing an additional 128,304 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in Avantis Emerging Markets ex-China Equity ETF by 59.9% in the third quarter. Mercer Global Advisors Inc. ADV now owns 323,614 shares of the company’s stock worth $19,394,000 after purchasing an additional 121,195 shares during the period. Finally, Jane Street Group LLC bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the second quarter worth $5,132,000.

Avantis Emerging Markets ex-China Equity ETF Stock Down 0.2%

Shares of Avantis Emerging Markets ex-China Equity ETF stock opened at $75.35 on Friday. The business has a fifty day simple moving average of $68.84 and a 200 day simple moving average of $63.49. The stock has a market cap of $263.73 million, a PE ratio of 13.75 and a beta of 0.47. Avantis Emerging Markets ex-China Equity ETF has a 12 month low of $43.21 and a 12 month high of $76.42.

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.