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

by · The Cerbat Gem

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC – Get Free Report) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 2,000 shares, an increase of 66.7% from the September 30th total of 1,200 shares. Based on an average daily trading volume, of 13,400 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of AVXC. Quantum Financial Advisors LLC purchased a new stake in Avantis Emerging Markets ex-China Equity ETF during the second quarter worth about $810,000. Signature Resources Capital Management LLC purchased a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the 2nd quarter valued at $25,000. Retirement Planning Group LLC purchased a new position in Avantis Emerging Markets ex-China Equity ETF during the third quarter worth about $761,000. Finally, Trajan Wealth LLC bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the third quarter worth approximately $10,911,000.

Avantis Emerging Markets ex-China Equity ETF Stock Up 0.2 %

Avantis Emerging Markets ex-China Equity ETF stock traded up $0.09 during trading hours on Monday, hitting $53.01. The stock had a trading volume of 3,776 shares, compared to its average volume of 8,978. The business’s 50 day simple moving average is $53.60 and its 200-day simple moving average is $52.32. The stock has a market cap of $57.25 million, a price-to-earnings ratio of 12.49 and a beta of 0.83. Avantis Emerging Markets ex-China Equity ETF has a one year low of $48.49 and a one year high of $55.72.

About Avantis Emerging Markets ex-China Equity ETF

(Get Free Report)

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.

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