Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Short Interest Up 38.9% in April

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 39,227 shares, an increase of 38.9% from the March 31st total of 28,240 shares. Based on an average daily trading volume, of 35,735 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.9% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Red Lighthouse Investment Management LLC boosted its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 3.4% in the fourth quarter. Red Lighthouse Investment Management LLC now owns 4,974 shares of the company’s stock worth $317,000 after buying an additional 163 shares during the period. Centennial Wealth Advisory LLC boosted 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 worth $393,000 after buying an additional 259 shares during the period. Global Strategic Investment Solutions LLC boosted its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 5.6% in the fourth quarter. Global Strategic Investment Solutions LLC now owns 5,506 shares of the company’s stock worth $351,000 after buying an additional 292 shares during the period. Csenge Advisory Group boosted its holdings in shares of 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 buying an additional 423 shares during the period. Finally, MAI Capital Management acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the third quarter worth about $26,000.

Avantis Emerging Markets ex-China Equity ETF Price Performance

Shares of AVXC opened at $76.75 on Tuesday. Avantis Emerging Markets ex-China Equity ETF has a one year low of $49.46 and a one year high of $77.05. The company has a 50-day moving average of $71.28 and a two-hundred day moving average of $66.96. The stock has a market cap of $330.03 million, a price-to-earnings ratio of 13.75 and a beta of 0.63.

Avantis Emerging Markets ex-China Equity ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 12th. Shareholders of record on Tuesday, March 10th were issued a $0.0191 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Tuesday, March 10th.

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.