Short Interest in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Grows By 23.1%

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 14,891 shares, a growth of 23.1% from the December 31st total of 12,100 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average trading volume of 17,753 shares, the days-to-cover ratio is presently 0.8 days. Based on an average trading volume of 17,753 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.4% of the company’s stock are sold short.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Red Lighthouse Investment Management LLC lifted its position in shares of Avantis Emerging Markets ex-China Equity ETF by 3.4% during the 4th quarter. Red Lighthouse Investment Management LLC now owns 4,974 shares of the company’s stock worth $317,000 after buying an additional 163 shares in the last quarter. Centennial Wealth Advisory LLC increased its position in shares of Avantis Emerging Markets ex-China Equity ETF by 4.4% during the fourth quarter. Centennial Wealth Advisory LLC now owns 6,170 shares of the company’s stock valued at $393,000 after acquiring an additional 259 shares during the last quarter. Global Strategic Investment Solutions LLC increased its position in shares of Avantis Emerging Markets ex-China Equity ETF by 5.6% during the fourth quarter. Global Strategic Investment Solutions LLC now owns 5,506 shares of the company’s stock valued at $351,000 after acquiring an additional 292 shares during the last quarter. MAI Capital Management bought a new stake in Avantis Emerging Markets ex-China Equity ETF during the third quarter worth $26,000. Finally, Asset Dedication LLC purchased a new position in Avantis Emerging Markets ex-China Equity ETF in the second quarter worth $28,000.

Avantis Emerging Markets ex-China Equity ETF Price Performance

NASDAQ AVXC opened at $69.82 on Thursday. The company has a fifty day moving average price of $65.27 and a 200-day moving average price of $61.60. The firm has a market cap of $244.37 million, a price-to-earnings ratio of 13.75 and a beta of 0.47. Avantis Emerging Markets ex-China Equity ETF has a 1 year low of $43.21 and a 1 year high of $71.11.

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.