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

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 7,646 shares, a decrease of 63.4% from the June 15th total of 20,895 shares. Based on an average trading volume of 47,979 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the shares of the stock are short sold.

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

Several large investors have recently modified their holdings of AVXC. AE Wealth Management LLC grew its stake in shares of 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 worth $66,701,000 after purchasing an additional 377,075 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its position in Avantis Emerging Markets ex-China Equity ETF by 59.9% during the 3rd 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 last quarter. Jane Street Group LLC bought a new position in Avantis Emerging Markets ex-China Equity ETF during the 2nd quarter worth $5,132,000. Clearwater Capital Advisors LLC lifted its holdings in Avantis Emerging Markets ex-China Equity ETF by 13.8% during the 1st quarter. Clearwater Capital Advisors LLC now owns 464,766 shares of the company’s stock worth $31,433,000 after buying an additional 56,526 shares during the period. Finally, Mach 1 Financial Group LLC acquired a new position in Avantis Emerging Markets ex-China Equity ETF during the 4th quarter worth about $3,211,000.

Avantis Emerging Markets ex-China Equity ETF Trading Down 3.5%

NASDAQ:AVXC opened at $79.98 on Tuesday. The stock’s 50-day moving average is $82.81 and its 200-day moving average is $74.53. Avantis Emerging Markets ex-China Equity ETF has a 1-year low of $55.65 and a 1-year high of $88.77. The stock has a market cap of $399.90 million, a P/E ratio of 13.75 and a beta of 0.86.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Tuesday, June 9th were issued a dividend of $0.4432 per share. This represents a $1.77 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Tuesday, June 9th. This is a positive change from Avantis Emerging Markets ex-China Equity ETF’s previous quarterly dividend of $0.02.

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.