Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Short Interest Up 634.5% in March

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 21,300 shares, an increase of 634.5% from the February 28th total of 2,900 shares. Approximately 1.5% of the shares of the company are sold short. Based on an average daily trading volume, of 10,900 shares, the days-to-cover ratio is presently 2.0 days.

Hedge Funds Weigh In On Avantis Emerging Markets ex-China Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC raised its stake in shares of Avantis Emerging Markets ex-China Equity ETF by 24.1% in the third quarter. Jane Street Group LLC now owns 22,833 shares of the company’s stock worth $1,235,000 after buying an additional 4,435 shares during the period. Ridgeline Wealth LLC purchased a new stake in Avantis Emerging Markets ex-China Equity ETF in the 4th quarter worth approximately $2,179,000. Quantum Financial Advisors LLC increased its holdings in Avantis Emerging Markets ex-China Equity ETF by 6.8% in the 4th quarter. Quantum Financial Advisors LLC now owns 16,503 shares of the company’s stock worth $818,000 after acquiring an additional 1,055 shares in the last quarter. Global Strategic Investment Solutions LLC bought a new stake in Avantis Emerging Markets ex-China Equity ETF during the 4th quarter worth approximately $269,000. Finally, Red Lighthouse Investment Management LLC purchased a new position in Avantis Emerging Markets ex-China Equity ETF during the fourth quarter valued at approximately $39,000.

Avantis Emerging Markets ex-China Equity ETF Price Performance

Shares of Avantis Emerging Markets ex-China Equity ETF stock opened at $49.74 on Thursday. The stock has a market capitalization of $68.64 million, a PE ratio of 12.48 and a beta of 0.83. Avantis Emerging Markets ex-China Equity ETF has a 1-year low of $47.55 and a 1-year high of $55.72. The company’s fifty day simple moving average is $49.67 and its 200-day simple moving average is $51.27.

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.