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 in the month of August. As of August 14th, there was short interest totaling 11,402 shares, a decrease of 85.4% from the July 30th total of 78,272 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 59,774 shares, the days-to-cover ratio is presently 0.2 days.

Avantis Emerging Markets ex-China Equity ETF Price Performance

NASDAQ AVXC traded up $0.51 on Thursday, hitting $82.67. The company had a trading volume of 16,214 shares, compared to its average volume of 39,405. Avantis Emerging Markets ex-China Equity ETF has a 12-month low of $56.33 and a 12-month high of $88.77. The company’s fifty day moving average price is $81.17 and its 200-day moving average price is $77.39. The company has a market capitalization of $413.35 million, a PE ratio of 13.75 and a beta of 0.91.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

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

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of Montreal Can purchased a new stake in shares of Avantis Emerging Markets ex-China Equity ETF in the 4th quarter valued at approximately $28,000. Bank of America Corp DE acquired a new stake in shares of Avantis Emerging Markets ex-China Equity ETF during the third quarter worth about $33,000. AdvisorNet Financial Inc acquired a new stake in Avantis Emerging Markets ex-China Equity ETF during the 1st quarter worth approximately $39,000. Bogart Wealth LLC purchased a new position in Avantis Emerging Markets ex-China Equity ETF in the first quarter valued at $47,000. Finally, Lloyd Advisory Services LLC. purchased a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the 4th quarter valued at about $64,000.

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.