Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Short Interest Update

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 20,895 shares, a decrease of 64.8% from the May 31st total of 59,328 shares. Based on an average daily volume of 32,610 shares, the short-interest ratio is presently 0.6 days. Currently, 0.5% of the company’s stock are sold short.

Avantis Emerging Markets ex-China Equity ETF Stock Performance

AVXC stock traded up $0.14 on Monday, hitting $83.91. 10,955 shares of the company’s stock were exchanged, compared to its average volume of 39,689. Avantis Emerging Markets ex-China Equity ETF has a 12-month low of $55.65 and a 12-month high of $88.77. The firm has a 50 day moving average price of $81.38 and a two-hundred day moving average price of $72.97. The stock has a market cap of $369.20 million, a P/E ratio of 13.75 and a beta of 0.87.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Tuesday, June 9th were issued a $0.4432 dividend. This is a boost from Avantis Emerging Markets ex-China Equity ETF’s previous quarterly dividend of $0.02. This represents a $1.77 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, June 9th.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. AE Wealth Management LLC grew its position in Avantis Emerging Markets ex-China Equity ETF by 56.4% during the 4th quarter. AE Wealth Management LLC now owns 1,045,963 shares of the company’s stock worth $66,701,000 after purchasing an additional 377,075 shares during the last quarter. Vestment Financial LLC increased its stake in 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 purchasing an additional 6,862 shares in the last quarter. Networth Advisors LLC purchased a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the fourth quarter worth $1,950,000. Wealthcare Advisory Partners LLC raised its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 12.9% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 108,645 shares of the company’s stock worth $6,928,000 after buying an additional 12,437 shares during the last quarter. Finally, Madrid Wealth Management LLC acquired a new stake in shares of Avantis Emerging Markets ex-China Equity ETF during the fourth quarter worth $1,559,000.

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.