Short Interest in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Declines By 69.2%

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXCGet Free Report) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 12,092 shares, a decrease of 69.2% from the April 15th total of 39,227 shares. Based on an average trading volume of 19,804 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the shares of the company are sold short.

Avantis Emerging Markets ex-China Equity ETF Stock Down 3.3%

AVXC traded down $2.70 during trading on Friday, reaching $79.37. 9,362 shares of the company’s stock were exchanged, compared to its average volume of 38,486. Avantis Emerging Markets ex-China Equity ETF has a fifty-two week low of $52.90 and a fifty-two week high of $82.77. The business has a 50 day moving average price of $72.63 and a 200 day moving average price of $68.41. The company has a market capitalization of $349.23 million, a P/E ratio of 13.75 and a beta of 0.82.

Avantis Emerging Markets ex-China Equity ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 12th. Shareholders of record on Tuesday, March 10th were paid a dividend of $0.0191 per share. The ex-dividend date was Tuesday, March 10th. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Red Lighthouse Investment Management LLC lifted its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 3.4% during the fourth quarter. Red Lighthouse Investment Management LLC now owns 4,974 shares of the company’s stock valued at $317,000 after acquiring an additional 163 shares during the period. Centennial Wealth Advisory LLC raised its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 4.4% in the fourth quarter. Centennial Wealth Advisory LLC now owns 6,170 shares of the company’s stock valued at $393,000 after buying an additional 259 shares during the last quarter. Global Strategic Investment Solutions LLC increased 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 purchasing an additional 262 shares during the period. Csenge Advisory Group increased its position in Avantis Emerging Markets ex-China Equity ETF by 9.9% in the fourth quarter. Csenge Advisory Group now owns 4,687 shares of the company’s stock worth $299,000 after purchasing an additional 423 shares during the period. Finally, MAI Capital Management acquired a new stake in Avantis Emerging Markets ex-China Equity ETF in the third quarter worth about $26,000.

About Avantis Emerging Markets ex-China Equity ETF

(Get Free Report)

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.

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