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 target of a large growth in short interest in March. As of March 13th, there was short interest totaling 39,847 shares, a growth of 189.2% from the February 26th total of 13,779 shares. Based on an average trading volume of 48,377 shares, the short-interest ratio is presently 0.8 days. Approximately 1.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of AVXC. AE Wealth Management LLC lifted its position in Avantis Emerging Markets ex-China Equity ETF by 56.4% during the 4th quarter. AE Wealth Management LLC now owns 1,045,963 shares of the company’s stock worth $66,701,000 after acquiring an additional 377,075 shares during the last quarter. Pacific Sage Partners LLC acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the 3rd quarter worth about $8,840,000. Vestment Financial LLC lifted its position in shares of Avantis Emerging Markets ex-China Equity ETF by 143.8% during the 3rd quarter. Vestment Financial LLC now owns 217,547 shares of the company’s stock worth $13,149,000 after purchasing an additional 128,304 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in Avantis Emerging Markets ex-China Equity ETF by 59.9% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 323,614 shares of the company’s stock valued at $19,394,000 after purchasing an additional 121,195 shares during the period. Finally, Jane Street Group LLC bought a new stake in Avantis Emerging Markets ex-China Equity ETF during the 2nd quarter valued at approximately $5,132,000.

Avantis Emerging Markets ex-China Equity ETF Trading Down 0.1%

Avantis Emerging Markets ex-China Equity ETF stock traded down $0.06 during trading hours on Friday, reaching $66.10. 29,531 shares of the company were exchanged, compared to its average volume of 39,277. The firm has a market cap of $231.35 million, a price-to-earnings ratio of 13.75 and a beta of 0.47. The stock has a 50-day moving average of $70.35 and a 200 day moving average of $65.01. Avantis Emerging Markets ex-China Equity ETF has a 12 month low of $43.21 and a 12 month high of $76.42.

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 paid a $0.0191 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Tuesday, March 10th.

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.