Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) Short Interest Down 24.0% in December

Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) was the target of a large decline in short interest in December. As of December 31st, there was short interest totaling 12,696 shares, a decline of 24.0% from the December 15th total of 16,712 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 24,486 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 24,486 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the shares of the stock are sold short.

Avantis U.S. Mid Cap Value ETF Price Performance

Shares of NYSEARCA AVMV opened at $74.49 on Monday. Avantis U.S. Mid Cap Value ETF has a fifty-two week low of $52.42 and a fifty-two week high of $75.27. The firm has a market capitalization of $365.00 million, a P/E ratio of 14.42 and a beta of 1.28. The company’s 50 day simple moving average is $71.12 and its 200 day simple moving average is $69.13.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC grew its position in shares of Avantis U.S. Mid Cap Value ETF by 55.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 47,124 shares of the company’s stock worth $3,246,000 after buying an additional 16,852 shares during the period. Evensky & Katz LLC grew its holdings in shares of Avantis U.S. Mid Cap Value ETF by 384.0% in the 2nd quarter. Evensky & Katz LLC now owns 501,567 shares of the company’s stock valued at $32,792,000 after buying an additional 397,936 shares during the period. Team Financial Group LLC increased its position in shares of Avantis U.S. Mid Cap Value ETF by 4.1% during the 4th quarter. Team Financial Group LLC now owns 89,556 shares of the company’s stock worth $6,376,000 after purchasing an additional 3,488 shares during the last quarter. Harbor Investment Advisory LLC acquired a new stake in Avantis U.S. Mid Cap Value ETF during the 4th quarter valued at $85,000. Finally, Cloud Capital Management LLC bought a new position in Avantis U.S. Mid Cap Value ETF in the 3rd quarter valued at approximately $80,000.

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.