Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Short Interest Down 85.4% in August

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 11,402 shares, a drop of 85.4% from the July 30th total of 78,272 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 59,774 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Avantis Emerging Markets ex-China Equity ETF

Institutional investors have recently modified their holdings of the company. PCG Wealth Advisors LLC lifted its holdings in Avantis Emerging Markets ex-China Equity ETF by 1.2% in the second quarter. PCG Wealth Advisors LLC now owns 38,811 shares of the company’s stock valued at $3,324,000 after buying an additional 455 shares during the period. Concurrent Investment Advisors LLC bought a new stake in shares of Avantis Emerging Markets ex-China Equity ETF during the second quarter worth about $1,100,000. JFS Wealth Advisors LLC bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the second quarter valued at approximately $243,000. Clearwater Capital Advisors LLC lifted its stake in Avantis Emerging Markets ex-China Equity ETF by 13.8% during the 1st quarter. Clearwater Capital Advisors LLC now owns 464,766 shares of the company’s stock valued at $31,433,000 after acquiring an additional 56,526 shares in the last quarter. Finally, Beta Wealth Group Inc. purchased a new stake in Avantis Emerging Markets ex-China Equity ETF in the 1st quarter valued at about $313,000.

Avantis Emerging Markets ex-China Equity ETF Stock Up 2.1%

Shares of Avantis Emerging Markets ex-China Equity ETF stock opened at $82.31 on Wednesday. The company’s fifty day moving average is $81.23 and its 200 day moving average is $77.30. Avantis Emerging Markets ex-China Equity ETF has a twelve month low of $56.33 and a twelve month high of $88.77. The stock has a market cap of $411.55 million, a price-to-earnings ratio of 13.75 and a beta of 0.91.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Tuesday, June 9th were issued a dividend of $0.4432 per share. This represents a $1.77 annualized dividend and a yield of 2.2%. The ex-dividend date was Tuesday, June 9th. This is a positive change from Avantis Emerging Markets ex-China Equity ETF’s previous quarterly dividend of $0.02.

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.