Short Interest in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Expands By 23.1%

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totaling 14,891 shares, a growth of 23.1% from the December 31st total of 12,100 shares. Based on an average daily volume of 17,753 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.4% of the shares of the stock are sold short. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 17,753 shares, the days-to-cover ratio is currently 0.8 days.

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

A number of institutional investors and hedge funds have recently bought and sold shares of AVXC. MAI Capital Management acquired a new stake in Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter valued at about $26,000. Asset Dedication LLC purchased a new stake in shares of Avantis Emerging Markets ex-China Equity ETF in the second quarter valued at approximately $28,000. Bank of America Corp DE purchased a new stake in shares of Avantis Emerging Markets ex-China Equity ETF in the third quarter valued at approximately $33,000. Osaic Holdings Inc. acquired a new stake in shares of Avantis Emerging Markets ex-China Equity ETF in the second quarter valued at approximately $78,000. Finally, Montag A & Associates Inc. purchased a new position in Avantis Emerging Markets ex-China Equity ETF during the fourth quarter worth approximately $205,000.

Avantis Emerging Markets ex-China Equity ETF Stock Performance

Shares of AVXC stock opened at $69.80 on Tuesday. Avantis Emerging Markets ex-China Equity ETF has a fifty-two week low of $43.21 and a fifty-two week high of $71.09. The stock’s fifty day moving average is $64.94 and its two-hundred day moving average is $61.45. The firm has a market capitalization of $244.30 million, a P/E ratio of 13.75 and a beta of 0.47.

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.