Short Interest in Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) Decreases By 64.8%

Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) was the recipient of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 11,177 shares, a decrease of 64.8% from the February 26th total of 31,787 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 19,482 shares, the short-interest ratio is currently 0.6 days. Based on an average trading volume of 19,482 shares, the short-interest ratio is currently 0.6 days. Currently, 0.3% of the shares of the stock are sold short.

Avantis U.S. Mid Cap Equity ETF Stock Performance

Shares of AVMC opened at $72.40 on Wednesday. The company has a 50-day moving average of $74.31 and a two-hundred day moving average of $71.55. Avantis U.S. Mid Cap Equity ETF has a 12-month low of $53.29 and a 12-month high of $76.88.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of AVMC. Team Financial Group LLC purchased a new stake in Avantis U.S. Mid Cap Equity ETF in the 3rd quarter valued at approximately $46,000. Kingdom Financial Group LLC. purchased a new position in Avantis U.S. Mid Cap Equity ETF during the fourth quarter worth $62,000. Accredited Wealth Management LLC raised its holdings in shares of Avantis U.S. Mid Cap Equity ETF by 945.3% in the third quarter. Accredited Wealth Management LLC now owns 1,432 shares of the company’s stock worth $100,000 after acquiring an additional 1,295 shares during the last quarter. Osaic Holdings Inc. raised its holdings in shares of Avantis U.S. Mid Cap Equity ETF by 232.9% in the second quarter. Osaic Holdings Inc. now owns 3,073 shares of the company’s stock worth $203,000 after acquiring an additional 2,150 shares during the last quarter. Finally, Mosaic Family Wealth Partners LLC purchased a new stake in shares of Avantis U.S. Mid Cap Equity ETF in the fourth quarter valued at $236,000. 0.13% of the stock is owned by hedge funds and other institutional investors.

Avantis U.S. Mid Cap Equity ETF Company Profile

The Avantis U.S. Mid Cap Equity ETF (AVMC) is an exchange-traded fund that mostly invests in mid cap equity. The fund seeks long-term capital appreciation through an actively managed portfolio of US mid-cap companies selected based on fundamental criteria. AVMC was launched on Nov 7, 2023 and is issued by American Century Investments.