Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Short Interest Up 634.5% in March

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 21,300 shares, a growth of 634.5% from the February 28th total of 2,900 shares. Currently, 1.5% of the shares of the company are short sold. Based on an average daily volume of 10,900 shares, the short-interest ratio is presently 2.0 days.

Avantis Emerging Markets ex-China Equity ETF Price Performance

Shares of NASDAQ AVXC opened at $49.74 on Thursday. The business has a fifty day moving average price of $49.67 and a two-hundred day moving average price of $51.27. The stock has a market capitalization of $68.64 million, a PE ratio of 12.48 and a beta of 0.83. Avantis Emerging Markets ex-China Equity ETF has a fifty-two week low of $47.55 and a fifty-two week high of $55.72.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of AVXC. Jane Street Group LLC grew its stake in Avantis Emerging Markets ex-China Equity ETF by 24.1% during the third quarter. Jane Street Group LLC now owns 22,833 shares of the company’s stock worth $1,235,000 after buying an additional 4,435 shares in the last quarter. Ridgeline Wealth LLC bought a new stake in shares of Avantis Emerging Markets ex-China Equity ETF during the 4th quarter worth approximately $2,179,000. Quantum Financial Advisors LLC increased its stake in Avantis Emerging Markets ex-China Equity ETF by 6.8% in the fourth quarter. Quantum Financial Advisors LLC now owns 16,503 shares of the company’s stock valued at $818,000 after acquiring an additional 1,055 shares during the last quarter. Global Strategic Investment Solutions LLC acquired a new position in Avantis Emerging Markets ex-China Equity ETF during the fourth quarter valued at approximately $269,000. Finally, Red Lighthouse Investment Management LLC acquired a new position in Avantis Emerging Markets ex-China Equity ETF during the fourth quarter valued at approximately $39,000.

About Avantis Emerging Markets ex-China Equity ETF

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.