Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Short Interest Down 72.4% in August

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) saw a large decline in short interest during the month of August. As of August 15th, there was short interest totaling 9,200 shares, adeclineof72.4% from the July 31st total of 33,300 shares. Based on an average daily trading volume, of 21,800 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 21,800 shares, the days-to-cover ratio is currently 0.4 days.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in AVXC. Retirement Planning Group LLC lifted its holdings in Avantis Emerging Markets ex-China Equity ETF by 78.0% during the fourth quarter. Retirement Planning Group LLC now owns 25,031 shares of the company’s stock valued at $1,240,000 after purchasing an additional 10,969 shares during the last quarter. Apella Capital LLC purchased a new stake in Avantis Emerging Markets ex-China Equity ETF during the first quarter valued at about $272,000. Ridgeline Wealth LLC lifted its holdings in Avantis Emerging Markets ex-China Equity ETF by 3.7% during the first quarter. Ridgeline Wealth LLC now owns 45,594 shares of the company’s stock valued at $2,218,000 after purchasing an additional 1,617 shares during the last quarter. Tounjian Advisory Partners LLC purchased a new stake in Avantis Emerging Markets ex-China Equity ETF during the first quarter valued at about $4,241,000. Finally, Wealthcare Advisory Partners LLC purchased a new stake in Avantis Emerging Markets ex-China Equity ETF during the first quarter valued at about $3,490,000.

Avantis Emerging Markets ex-China Equity ETF Stock Performance

Shares of NASDAQ:AVXC opened at $56.71 on Wednesday. The company’s 50-day moving average is $56.95 and its 200 day moving average is $52.87. The company has a market capitalization of $153.12 million, a P/E ratio of 13.75 and a beta of 0.83. Avantis Emerging Markets ex-China Equity ETF has a fifty-two week low of $43.21 and a fifty-two week high of $57.97.

Avantis Emerging Markets ex-China Equity ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, June 26th. Investors of record on Tuesday, June 24th were issued a $0.3799 dividend. The ex-dividend date of this dividend was Tuesday, June 24th.

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.