Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) Short Interest Update

Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 58,232 shares, a growth of 74.4% from the May 31st total of 33,394 shares. Based on an average trading volume of 38,381 shares, the short-interest ratio is presently 1.5 days. Approximately 0.8% of the shares of the company are short sold.

Hedge Funds Weigh In On Avantis U.S. Mid Cap Value ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AVMV. Kelleher Financial Advisors purchased a new stake in shares of Avantis U.S. Mid Cap Value ETF in the 4th quarter valued at about $30,000. Harbor Investment Advisory LLC purchased a new position in shares of Avantis U.S. Mid Cap Value ETF during the fourth quarter worth about $85,000. Mosaic Family Wealth Partners LLC bought a new position in shares of Avantis U.S. Mid Cap Value ETF in the first quarter worth approximately $1,000,000. First National Bank Sioux Falls raised its stake in Avantis U.S. Mid Cap Value ETF by 10.2% in the fourth quarter. First National Bank Sioux Falls now owns 30,296 shares of the company’s stock valued at $2,157,000 after purchasing an additional 2,810 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in Avantis U.S. Mid Cap Value ETF by 15.0% during the fourth quarter. Farther Finance Advisors LLC now owns 54,197 shares of the company’s stock valued at $3,859,000 after purchasing an additional 7,073 shares during the last quarter.

Avantis U.S. Mid Cap Value ETF Stock Performance

Avantis U.S. Mid Cap Value ETF stock opened at $80.25 on Thursday. The firm has a market capitalization of $666.08 million, a price-to-earnings ratio of 14.42 and a beta of 0.92. Avantis U.S. Mid Cap Value ETF has a 1-year low of $64.82 and a 1-year high of $82.00. The firm has a 50 day simple moving average of $79.13 and a 200 day simple moving average of $76.25.

About Avantis U.S. Mid Cap Value ETF

The Avantis U.S. Mid Cap Value ETF (AVMV) 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 value companies selected based on fundamental criteria. AVMV was launched on Nov 7, 2023 and is issued by American Century Investments.