Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Short Interest Update

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 22,600 shares, a growth of 545.7% from the August 31st total of 3,500 shares. Based on an average daily volume of 18,300 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily volume of 18,300 shares, the days-to-cover ratio is presently 1.2 days.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AVXC. AE Wealth Management LLC raised its position in Avantis Emerging Markets ex-China Equity ETF by 23.8% during the second quarter. AE Wealth Management LLC now owns 578,087 shares of the company’s stock valued at $32,731,000 after acquiring an additional 111,240 shares in the last quarter. Jane Street Group LLC bought a new position in Avantis Emerging Markets ex-China Equity ETF during the second quarter valued at approximately $5,132,000. Flow Traders U.S. LLC bought a new position in Avantis Emerging Markets ex-China Equity ETF during the second quarter valued at approximately $5,068,000. Vestment Financial LLC bought a new position in Avantis Emerging Markets ex-China Equity ETF during the second quarter valued at approximately $5,081,000. Finally, Tounjian Advisory Partners LLC bought a new position in Avantis Emerging Markets ex-China Equity ETF during the first quarter valued at approximately $4,241,000.

Avantis Emerging Markets ex-China Equity ETF Price Performance

NASDAQ AVXC opened at $60.45 on Friday. The company has a 50 day simple moving average of $58.12 and a 200-day simple moving average of $54.41. The firm has a market capitalization of $163.22 million, a price-to-earnings ratio of 13.75 and a beta of 0.83. Avantis Emerging Markets ex-China Equity ETF has a 52-week low of $43.21 and a 52-week high of $60.92.

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.