Short Interest in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Expands By 533.6%

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 72,245 shares, an increase of 533.6% from the August 15th total of 11,402 shares. Currently, 1.4% of the shares of the company are short sold. Based on an average daily trading volume, of 31,373 shares, the short-interest ratio is currently 2.3 days.

Avantis Emerging Markets ex-China Equity ETF Trading Up 1.4%

NASDAQ AVXC traded up $1.20 during trading hours on Friday, hitting $84.01. 40,718 shares of the company’s stock traded hands, compared to its average volume of 40,614. The business’s fifty day moving average price is $80.86 and its two-hundred day moving average price is $78.26. The firm has a market capitalization of $420.05 million, a P/E ratio of 13.75 and a beta of 0.92. Avantis Emerging Markets ex-China Equity ETF has a 52 week low of $59.15 and a 52 week high of $88.77.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Tuesday, September 8th were paid a dividend of $0.4484 per share. This is a positive change from Avantis Emerging Markets ex-China Equity ETF’s previous quarterly dividend of $0.44. The ex-dividend date was Tuesday, September 8th. This represents a $1.79 dividend on an annualized basis and a dividend yield of 2.1%.

Institutional Trading of Avantis Emerging Markets ex-China Equity ETF

Institutional investors have recently made changes to their positions in the business. Bank of Montreal Can bought a new stake in Avantis Emerging Markets ex-China Equity ETF in the 4th quarter valued at $28,000. Bank of America Corp DE bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the 3rd quarter valued at about $33,000. AdvisorNet Financial Inc bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the 1st quarter valued at about $39,000. Bogart Wealth LLC purchased a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the first quarter valued at about $47,000. Finally, Lloyd Advisory Services LLC. purchased a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the fourth quarter valued at about $64,000.

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.