Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) Short Interest Down 15.9% in January

Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) was the recipient of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 17,704 shares, a decline of 15.9% from the January 15th total of 21,062 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily volume of 15,242 shares, the short-interest ratio is currently 1.2 days. Based on an average daily volume of 15,242 shares, the short-interest ratio is currently 1.2 days. Currently, 0.5% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Team Financial Group LLC acquired a new stake in Avantis U.S. Mid Cap Equity ETF during the 3rd quarter valued at approximately $46,000. Kingdom Financial Group LLC. purchased a new position in shares of Avantis U.S. Mid Cap Equity ETF in the 4th quarter valued at about $62,000. Accredited Wealth Management LLC lifted its holdings in Avantis U.S. Mid Cap Equity ETF by 945.3% during the third 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. Osaic Holdings Inc. grew its holdings 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 buying an additional 2,150 shares in the last quarter. Finally, Mosaic Family Wealth Partners LLC acquired a new stake in shares of Avantis U.S. Mid Cap Equity ETF in the fourth quarter valued at about $236,000. Hedge funds and other institutional investors own 0.13% of the company’s stock.

Avantis U.S. Mid Cap Equity ETF Trading Up 1.2%

Shares of NYSEARCA:AVMC traded up $0.87 during trading hours on Wednesday, hitting $76.56. The company’s stock had a trading volume of 596 shares, compared to its average volume of 25,113. Avantis U.S. Mid Cap Equity ETF has a 52 week low of $53.29 and a 52 week high of $76.88. The firm’s fifty day moving average price is $73.22 and its 200 day moving average price is $70.55.

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.