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 significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 58,232 shares, an increase of 74.4% from the May 31st total of 33,394 shares. Based on an average daily volume of 38,381 shares, the short-interest ratio is presently 1.5 days. Currently, 0.8% of the company’s shares are sold short.

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

Several institutional investors have recently made changes to their positions in the company. Kelleher Financial Advisors purchased a new stake in Avantis U.S. Mid Cap Value ETF in the 4th quarter worth about $30,000. Harbor Investment Advisory LLC purchased a new stake in shares of Avantis U.S. Mid Cap Value ETF in the fourth quarter worth approximately $85,000. Team Financial Group LLC lifted its stake in shares of Avantis U.S. Mid Cap Value ETF by 2.3% during the 1st quarter. Team Financial Group LLC now owns 91,574 shares of the company’s stock worth $6,793,000 after acquiring an additional 2,018 shares during the last quarter. First National Bank Sioux Falls lifted its stake in shares of Avantis U.S. Mid Cap Value ETF by 10.2% during the 4th quarter. First National Bank Sioux Falls now owns 30,296 shares of the company’s stock worth $2,157,000 after acquiring an additional 2,810 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in Avantis U.S. Mid Cap Value ETF by 15.0% during the 4th quarter. Farther Finance Advisors LLC now owns 54,197 shares of the company’s stock valued at $3,859,000 after acquiring an additional 7,073 shares during the period.

Avantis U.S. Mid Cap Value ETF Stock Up 0.2%

Shares of AVMV opened at $80.42 on Friday. The company has a market cap of $667.49 million, a PE ratio of 14.42 and a beta of 0.92. The business has a fifty day moving average of $79.18 and a 200 day moving average of $76.31. Avantis U.S. Mid Cap Value ETF has a 52-week low of $64.82 and a 52-week high of $82.00.

Avantis U.S. Mid Cap Value ETF Company Profile

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.