Short Interest in Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) Increases By 84.6%

Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 24,786 shares, a growth of 84.6% from the December 15th total of 13,425 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 17,928 shares, the short-interest ratio is presently 1.4 days. Based on an average daily trading volume, of 17,928 shares, the short-interest ratio is presently 1.4 days. Approximately 0.7% of the shares of the stock are sold short.

Avantis U.S. Mid Cap Equity ETF Trading Down 0.4%

Avantis U.S. Mid Cap Equity ETF stock traded down $0.33 during midday trading on Friday, reaching $74.06. 19,876 shares of the company were exchanged, compared to its average volume of 30,752. The firm’s 50-day simple moving average is $70.94 and its 200-day simple moving average is $69.41. Avantis U.S. Mid Cap Equity ETF has a 1 year low of $53.29 and a 1 year high of $74.58.

Institutional Investors Weigh In On Avantis U.S. Mid Cap Equity ETF

Several hedge funds have recently made changes to their positions in AVMC. Team Financial Group LLC purchased a new stake in Avantis U.S. Mid Cap Equity ETF in the third quarter valued at approximately $46,000. Ameritas Advisory Services LLC acquired a new position in Avantis U.S. Mid Cap Equity ETF in the 2nd quarter worth $64,000. Accredited Wealth Management LLC grew its stake in Avantis U.S. Mid Cap Equity ETF by 945.3% during the 3rd quarter. Accredited Wealth Management LLC now owns 1,432 shares of the company’s stock valued at $100,000 after purchasing an additional 1,295 shares in the last quarter. Avondale Wealth Management bought a new stake in shares of Avantis U.S. Mid Cap Equity ETF in the second quarter worth $134,000. Finally, Osaic Holdings Inc. lifted its position in shares of Avantis U.S. Mid Cap Equity ETF by 232.9% during the second quarter. Osaic Holdings Inc. now owns 3,073 shares of the company’s stock worth $203,000 after purchasing an additional 2,150 shares during the last quarter. Institutional investors and hedge funds own 0.13% of the company’s stock.

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.