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

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 21,533 shares, an increase of 78.1% from the April 30th total of 12,092 shares. Based on an average daily volume of 54,686 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.5% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Clearwater Capital Advisors LLC grew its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 13.8% in the first quarter. Clearwater Capital Advisors LLC now owns 464,766 shares of the company’s stock valued at $31,433,000 after purchasing an additional 56,526 shares in the last quarter. Beta Wealth Group Inc. bought a new stake in Avantis Emerging Markets ex-China Equity ETF in the first quarter worth $313,000. Corus Family Wealth Advisors lifted its position in Avantis Emerging Markets ex-China Equity ETF by 20.7% in the first quarter. Corus Family Wealth Advisors now owns 17,871 shares of the company’s stock worth $1,209,000 after buying an additional 3,067 shares during the last quarter. Global Strategic Investment Solutions LLC lifted its position in Avantis Emerging Markets ex-China Equity ETF by 4.8% in the first quarter. Global Strategic Investment Solutions LLC now owns 5,768 shares of the company’s stock worth $390,000 after buying an additional 262 shares during the last quarter. Finally, Bogart Wealth LLC bought a new stake in Avantis Emerging Markets ex-China Equity ETF in the first quarter worth $47,000.

Avantis Emerging Markets ex-China Equity ETF Stock Performance

AVXC stock opened at $85.47 on Thursday. The firm has a fifty day moving average price of $76.49 and a 200 day moving average price of $70.36. Avantis Emerging Markets ex-China Equity ETF has a fifty-two week low of $54.19 and a fifty-two week high of $86.80. The firm has a market cap of $376.07 million, a PE ratio of 13.75 and a beta of 0.82.

Avantis Emerging Markets ex-China Equity ETF Announces Dividend

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

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.