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

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) saw a large increase in short interest in 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. Based on an average daily trading volume, of 31,373 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.4% of the shares of the stock are sold short.

Institutional Trading of Avantis Emerging Markets ex-China Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Bank of Montreal Can acquired a new position in Avantis Emerging Markets ex-China Equity ETF during the 4th quarter worth about $28,000. Bank of America Corp DE acquired a new position in Avantis Emerging Markets ex-China Equity ETF in the third quarter valued at $33,000. AdvisorNet Financial Inc bought a new stake in Avantis Emerging Markets ex-China Equity ETF during the first quarter valued at $39,000. Bogart Wealth LLC acquired a new stake in Avantis Emerging Markets ex-China Equity ETF during the 1st quarter worth about $47,000. Finally, Lloyd Advisory Services LLC. bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the 4th quarter worth about $64,000.

Avantis Emerging Markets ex-China Equity ETF Stock Performance

NASDAQ AVXC traded up $1.20 during trading on Friday, reaching $84.01. 40,718 shares of the company traded hands, compared to its average volume of 40,614. Avantis Emerging Markets ex-China Equity ETF has a 1-year low of $59.15 and a 1-year high of $88.77. The company has a market cap of $420.05 million, a price-to-earnings ratio of 13.75 and a beta of 0.92. The stock’s 50 day moving average price is $80.86 and its two-hundred day moving average price is $78.26.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

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

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.