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

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 9,200 shares, a decline of 59.3% from the September 15th total of 22,600 shares. Based on an average trading volume of 18,200 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 18,200 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of Avantis Emerging Markets ex-China Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. AE Wealth Management LLC increased its stake in Avantis Emerging Markets ex-China Equity ETF by 23.8% during the 2nd quarter. AE Wealth Management LLC now owns 578,087 shares of the company’s stock valued at $32,731,000 after purchasing an additional 111,240 shares in the last quarter. Trajan Wealth LLC increased its stake in Avantis Emerging Markets ex-China Equity ETF by 2.3% during the 1st quarter. Trajan Wealth LLC now owns 233,541 shares of the company’s stock valued at $11,359,000 after purchasing an additional 5,159 shares in the last quarter. Vestment Financial LLC increased its stake in Avantis Emerging Markets ex-China Equity ETF by 143.8% during the 3rd quarter. Vestment Financial LLC now owns 217,547 shares of the company’s stock valued at $13,149,000 after purchasing an additional 128,304 shares in the last quarter. Avior Wealth Management LLC increased its stake in Avantis Emerging Markets ex-China Equity ETF by 139.8% during the 2nd quarter. Avior Wealth Management LLC now owns 104,344 shares of the company’s stock valued at $5,908,000 after purchasing an additional 60,835 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in Avantis Emerging Markets ex-China Equity ETF during the 2nd quarter valued at about $5,132,000.

Avantis Emerging Markets ex-China Equity ETF Trading Down 0.1%

NASDAQ AVXC opened at $61.37 on Monday. The stock has a market cap of $177.96 million, a P/E ratio of 13.75 and a beta of 0.83. Avantis Emerging Markets ex-China Equity ETF has a 12 month low of $43.21 and a 12 month high of $61.86. The stock’s fifty day moving average price is $59.04 and its 200-day moving average price is $55.35.

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.