Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Short Interest Up 189.2% in March

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 39,847 shares, an increase of 189.2% from the February 26th total of 13,779 shares. Currently, 1.1% of the company’s stock are short sold. Based on an average trading volume of 48,377 shares, the days-to-cover ratio is presently 0.8 days.

Avantis Emerging Markets ex-China Equity ETF Stock Up 1.7%

NASDAQ AVXC opened at $68.59 on Thursday. Avantis Emerging Markets ex-China Equity ETF has a 52 week low of $43.21 and a 52 week high of $76.42. The stock has a market capitalization of $240.07 million, a PE ratio of 13.75 and a beta of 0.47. The firm has a 50 day moving average of $70.38 and a two-hundred day moving average of $65.00.

Avantis Emerging Markets ex-China Equity ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Tuesday, March 10th were given a dividend of $0.0191 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Tuesday, March 10th.

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

A number of institutional investors and hedge funds have recently modified their holdings of AVXC. JPMorgan Chase & Co. raised its stake in Avantis Emerging Markets ex-China Equity ETF by 18.0% in the second quarter. JPMorgan Chase & Co. now owns 52,971 shares of the company’s stock valued at $2,999,000 after buying an additional 8,086 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the 2nd quarter worth about $5,068,000. Balance Wealth LLC acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the 2nd quarter worth about $290,000. Jane Street Group LLC purchased a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the 2nd quarter valued at about $5,132,000. Finally, Asset Dedication LLC purchased a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the 2nd quarter valued at about $28,000.

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.