Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) Short Interest Update

Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) saw a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 7,455 shares, a drop of 45.2% from the January 29th total of 13,602 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 56,544 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 56,544 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Avantis U.S. Mid Cap Value ETF Stock Down 0.7%

AVMV stock traded down $0.55 during midday trading on Friday, hitting $77.31. The company’s stock had a trading volume of 23,428 shares, compared to its average volume of 61,347. The stock has a market cap of $440.67 million, a price-to-earnings ratio of 14.42 and a beta of 1.28. The stock’s 50-day moving average price is $75.01 and its 200 day moving average price is $71.10. Avantis U.S. Mid Cap Value ETF has a 1 year low of $52.42 and a 1 year high of $78.73.

Hedge Funds Weigh In On Avantis U.S. Mid Cap Value ETF

Several institutional investors have recently added to or reduced their stakes in AVMV. Kelleher Financial Advisors bought a new stake in Avantis U.S. Mid Cap Value ETF in the fourth quarter worth about $30,000. Cloud Capital Management LLC bought a new position in shares of Avantis U.S. Mid Cap Value ETF during the 3rd quarter valued at approximately $80,000. Harbor Investment Advisory LLC purchased a new stake in shares of Avantis U.S. Mid Cap Value ETF during the 4th quarter worth approximately $85,000. First National Bank Sioux Falls raised its holdings in shares of Avantis U.S. Mid Cap Value ETF by 19.8% in the 3rd quarter. First National Bank Sioux Falls now owns 27,486 shares of the company’s stock worth $1,893,000 after purchasing an additional 4,552 shares during the period. Finally, Farther Finance Advisors LLC raised its holdings in shares of Avantis U.S. Mid Cap Value ETF by 55.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 47,124 shares of the company’s stock worth $3,246,000 after purchasing an additional 16,852 shares during the period.

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.