Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Sees Large Drop in Short Interest

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 5,100 shares, a decrease of 64.8% from the March 31st total of 14,500 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average trading volume of 20,800 shares, the days-to-cover ratio is presently 0.2 days.

Avantis Emerging Markets ex-China Equity ETF Trading Down 0.4 %

Shares of AVXC opened at $49.55 on Friday. Avantis Emerging Markets ex-China Equity ETF has a 52 week low of $43.21 and a 52 week high of $55.72. The stock has a 50 day moving average of $48.49 and a 200-day moving average of $50.26. The firm has a market cap of $71.35 million, a price-to-earnings ratio of 12.29 and a beta of 0.83.

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

Institutional investors and hedge funds have recently bought and sold shares of the business. Red Lighthouse Investment Management LLC acquired a new position in Avantis Emerging Markets ex-China Equity ETF during the 4th quarter valued at about $39,000. Global Strategic Investment Solutions LLC bought a new stake in shares of Avantis Emerging Markets ex-China Equity ETF during the 4th quarter worth $269,000. Apella Capital LLC acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the first quarter worth about $272,000. BSW Wealth Partners purchased a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the first quarter valued at $286,000. Finally, Quantum Financial Advisors LLC boosted its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 6.8% during the fourth quarter. Quantum Financial Advisors LLC now owns 16,503 shares of the company’s stock worth $818,000 after purchasing an additional 1,055 shares during the period.

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.