Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Shares Shorted: Short Interest Down 84.6% in September

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 11,119 shares, a decrease of 84.6% from the August 31st total of 72,245 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 64,453 shares, the short-interest ratio is presently 0.2 days.

Avantis Emerging Markets ex-China Equity ETF Trading Down 0.5%

NASDAQ:AVXC opened at $82.68 on Friday. Avantis Emerging Markets ex-China Equity ETF has a 12-month low of $59.15 and a 12-month high of $88.77. The stock has a market capitalization of $463.01 million, a P/E ratio of 13.75 and a beta of 0.92. The stock has a 50-day moving average price of $81.07 and a 200 day moving average price of $78.93.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Tuesday, September 8th were given a dividend of $0.4484 per share. This is a positive change from Avantis Emerging Markets ex-China Equity ETF’s previous quarterly dividend of $0.4432. This represents a $1.79 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Tuesday, September 8th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in AVXC. Global Strategic Investment Solutions LLC lifted its position in Avantis Emerging Markets ex-China Equity ETF by 4.8% in the first quarter. Global Strategic Investment Solutions LLC now owns 5,768 shares of the company’s stock worth $390,000 after buying an additional 262 shares during the last quarter. PCG Wealth Advisors LLC grew its stake in Avantis Emerging Markets ex-China Equity ETF by 1.2% in the 2nd quarter. PCG Wealth Advisors LLC now owns 38,811 shares of the company’s stock worth $3,324,000 after acquiring an additional 455 shares in the last quarter. AdvisorNet Financial Inc bought a new position in Avantis Emerging Markets ex-China Equity ETF in the first quarter worth approximately $39,000. Bogart Wealth LLC bought a new position in Avantis Emerging Markets ex-China Equity ETF during the 1st quarter worth about $47,000. Finally, JFS Wealth Advisors LLC purchased a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the 2nd quarter valued at $243,000.

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.