Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) Short Interest Down 18.9% in January

Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 10,302 shares, a decrease of 18.9% from the December 31st total of 12,696 shares. Based on an average daily volume of 76,280 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the shares of the stock are short sold. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 76,280 shares, the short-interest ratio is presently 0.1 days.

Avantis U.S. Mid Cap Value ETF Stock Up 0.5%

Shares of AVMV stock traded up $0.37 during mid-day trading on Tuesday, reaching $75.47. 11,987 shares of the stock traded hands, compared to its average volume of 67,756. The stock’s fifty day simple moving average is $72.60 and its two-hundred day simple moving average is $69.74. Avantis U.S. Mid Cap Value ETF has a 1-year low of $52.42 and a 1-year high of $76.12. The company has a market cap of $430.18 million, a price-to-earnings ratio of 14.42 and a beta of 1.28.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. First National Bank Sioux Falls lifted 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 buying an additional 2,810 shares during the period. Farther Finance Advisors LLC increased 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 worth $3,859,000 after purchasing an additional 7,073 shares in the last quarter. Kelleher Financial Advisors purchased a new position in Avantis U.S. Mid Cap Value ETF during the 4th quarter worth $30,000. Team Financial Group LLC increased its stake in Avantis U.S. Mid Cap Value ETF by 4.1% in the 4th quarter. Team Financial Group LLC now owns 89,556 shares of the company’s stock valued at $6,376,000 after buying an additional 3,488 shares during the last quarter. Finally, Harbor Investment Advisory LLC purchased a new position in Avantis U.S. Mid Cap Value ETF in the fourth quarter worth $85,000.

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.