Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Short Interest Up 36.2% in May

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 9,400 shares, an increase of 36.2% from the April 30th total of 6,900 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 22,900 shares, the short-interest ratio is presently 0.4 days.

Avantis Emerging Markets ex-China Equity ETF Price Performance

Avantis Emerging Markets ex-China Equity ETF stock opened at $53.74 on Tuesday. Avantis Emerging Markets ex-China Equity ETF has a 1-year low of $43.21 and a 1-year high of $55.72. The business has a fifty day moving average price of $50.04 and a 200-day moving average price of $50.15. The stock has a market capitalization of $103.18 million, a price-to-earnings ratio of 12.64 and a beta of 0.83.

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

Large investors have recently modified their holdings of the business. JPMorgan Chase & Co. purchased a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the 4th quarter valued at approximately $2,164,000. Prudent Man Investment Management Inc. purchased a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the fourth quarter worth $1,078,000. Retirement Planning Group LLC lifted its stake in shares of Avantis Emerging Markets ex-China Equity ETF by 78.0% during the fourth quarter. Retirement Planning Group LLC now owns 25,031 shares of the company’s stock worth $1,240,000 after buying an additional 10,969 shares during the period. Global Strategic Investment Solutions LLC purchased a new stake in shares of Avantis Emerging Markets ex-China Equity ETF during the fourth quarter valued at $269,000. Finally, Trajan Wealth LLC grew its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 13.3% during the fourth quarter. Trajan Wealth LLC now owns 228,382 shares of the company’s stock valued at $11,315,000 after buying an additional 26,729 shares during the last quarter.

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.