Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Sees Significant Growth in Short Interest

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totaling 39,227 shares, a growth of 38.9% from the March 31st total of 28,240 shares. Based on an average trading volume of 35,735 shares, the short-interest ratio is currently 1.1 days. Currently, 0.9% of the shares of the stock are short sold.

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

Large investors have recently made changes to their positions in the business. Vestment Financial LLC lifted its position in shares of Avantis Emerging Markets ex-China Equity ETF by 3.2% in the fourth quarter. Vestment Financial LLC now owns 224,409 shares of the company’s stock valued at $14,833,000 after acquiring an additional 6,862 shares in the last quarter. AE Wealth Management LLC lifted its position 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 valued at $66,701,000 after acquiring an additional 377,075 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 valued at about $1,950,000. Pacific Sage Partners LLC purchased a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the third quarter valued at about $8,840,000. Finally, Wealthcare Advisory Partners LLC lifted its position 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 valued at $6,928,000 after acquiring an additional 12,437 shares in the last quarter.

Avantis Emerging Markets ex-China Equity ETF Stock Down 0.6%

Shares of Avantis Emerging Markets ex-China Equity ETF stock opened at $75.59 on Thursday. The stock’s 50-day simple moving average is $71.42 and its 200-day simple moving average is $67.14. Avantis Emerging Markets ex-China Equity ETF has a 52 week low of $49.68 and a 52 week high of $77.05. The company has a market capitalization of $332.60 million, a price-to-earnings ratio of 13.75 and a beta of 0.63.

Avantis Emerging Markets ex-China Equity ETF Announces Dividend

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

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.