Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Short Interest Up 648.6% in July

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 57,236 shares, an increase of 648.6% from the June 30th total of 7,646 shares. Currently, 1.1% of the company’s shares are short sold. Based on an average trading volume of 31,643 shares, the days-to-cover ratio is currently 1.8 days.

Avantis Emerging Markets ex-China Equity ETF Stock Performance

Avantis Emerging Markets ex-China Equity ETF stock opened at $77.87 on Monday. The company has a 50 day moving average price of $82.48 and a 200 day moving average price of $75.49. Avantis Emerging Markets ex-China Equity ETF has a 52 week low of $55.65 and a 52 week high of $88.77. The firm has a market capitalization of $389.35 million, a price-to-earnings ratio of 13.75 and a beta of 0.86.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Tuesday, June 9th were issued a $0.4432 dividend. The ex-dividend date was Tuesday, June 9th. This is an increase from Avantis Emerging Markets ex-China Equity ETF’s previous quarterly dividend of $0.02. This represents a $1.77 dividend on an annualized basis and a dividend yield of 2.3%.

Institutional Trading of Avantis Emerging Markets ex-China Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of AVXC. Bank of Montreal Can acquired a new position in Avantis Emerging Markets ex-China Equity ETF during the fourth quarter valued at $28,000. Bank of America Corp DE purchased a new stake in Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter worth about $33,000. AdvisorNet Financial Inc purchased a new stake in Avantis Emerging Markets ex-China Equity ETF in the 1st quarter worth about $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. acquired a new stake in Avantis Emerging Markets ex-China Equity ETF during the 4th quarter worth about $64,000.

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.