Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Short Interest Up 189.2% in March

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 39,847 shares, an increase of 189.2% from the February 26th total of 13,779 shares. Currently, 1.1% of the company’s stock are short sold. Based on an average daily volume of 48,377 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily volume of 48,377 shares, the days-to-cover ratio is presently 0.8 days. Currently, 1.1% of the company’s stock are short sold.

Institutional Trading of Avantis Emerging Markets ex-China Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. AE Wealth Management LLC grew its stake in Avantis Emerging Markets ex-China Equity ETF by 56.4% in the fourth quarter. AE Wealth Management LLC now owns 1,045,963 shares of the company’s stock valued at $66,701,000 after purchasing an additional 377,075 shares in the last quarter. Clearwater Capital Advisors LLC raised its stake in shares of Avantis Emerging Markets ex-China Equity ETF by 0.5% during the 4th quarter. Clearwater Capital Advisors LLC now owns 408,240 shares of the company’s stock worth $26,034,000 after purchasing an additional 2,212 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in shares of Avantis Emerging Markets ex-China Equity ETF by 3.2% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 334,097 shares of the company’s stock worth $21,306,000 after purchasing an additional 10,483 shares in the last quarter. Vestment Financial LLC lifted its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 3.2% during the 4th quarter. Vestment Financial LLC now owns 224,409 shares of the company’s stock valued at $14,833,000 after buying an additional 6,862 shares during the last quarter. Finally, Pacific Sage Partners LLC lifted its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 0.9% during the 4th quarter. Pacific Sage Partners LLC now owns 148,846 shares of the company’s stock valued at $9,492,000 after buying an additional 1,344 shares during the last quarter.

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

AVXC stock opened at $67.45 on Wednesday. Avantis Emerging Markets ex-China Equity ETF has a 12-month low of $43.21 and a 12-month high of $76.42. The company has a market cap of $236.08 million, a price-to-earnings ratio of 13.75 and a beta of 0.47. The company has a 50 day moving average of $70.35 and a two-hundred day moving average of $64.98.

Avantis Emerging Markets ex-China Equity ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Tuesday, March 10th were paid a $0.0191 dividend. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.1%.

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.