Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Short Interest Down 29.1% in March

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the target of a large drop in short interest in March. As of March 31st, there was short interest totaling 28,240 shares, a drop of 29.1% from the March 15th total of 39,847 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily volume of 53,713 shares, the short-interest ratio is currently 0.5 days.

Avantis Emerging Markets ex-China Equity ETF Trading Up 0.5%

NASDAQ AVXC traded up $0.40 during trading hours on Thursday, reaching $75.09. 3,421 shares of the company traded hands, compared to its average volume of 38,597. Avantis Emerging Markets ex-China Equity ETF has a 12 month low of $47.78 and a 12 month high of $76.42. The stock has a market capitalization of $322.89 million, a PE ratio of 13.75 and a beta of 0.63. The company has a 50 day moving average of $70.61 and a two-hundred day moving average of $66.05.

Avantis Emerging Markets ex-China Equity ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Shareholders of record on Tuesday, March 10th were paid a dividend of $0.0191 per share. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Tuesday, March 10th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. AE Wealth Management LLC lifted its position in shares of Avantis Emerging Markets ex-China Equity ETF by 56.4% in the 4th quarter. AE Wealth Management LLC now owns 1,045,963 shares of the company’s stock worth $66,701,000 after buying an additional 377,075 shares during the last quarter. Pacific Sage Partners LLC bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF in 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% in the 3rd quarter. Vestment Financial LLC now owns 217,547 shares of the company’s stock worth $13,149,000 after buying an additional 128,304 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its position in shares of Avantis Emerging Markets ex-China Equity ETF by 59.9% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 323,614 shares of the company’s stock worth $19,394,000 after buying an additional 121,195 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the 2nd quarter worth about $5,132,000.

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.