Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) Short Interest Down 24.9% in March

Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) saw a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 6,401 shares, a decrease of 24.9% from the February 26th total of 8,528 shares. Based on an average daily volume of 34,081 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Avantis U.S. Mid Cap Value ETF Stock Performance

NYSEARCA:AVMV opened at $73.13 on Friday. The firm has a market cap of $416.84 million, a P/E ratio of 14.42 and a beta of 1.28. Avantis U.S. Mid Cap Value ETF has a fifty-two week low of $52.42 and a fifty-two week high of $78.73. The firm has a 50-day simple moving average of $75.41 and a two-hundred day simple moving average of $71.85.

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

Several institutional investors and hedge funds have recently made changes to their positions in the company. Evensky & Katz LLC raised its holdings in Avantis U.S. Mid Cap Value ETF by 4.1% in the 4th quarter. Evensky & Katz LLC now owns 725,469 shares of the company’s stock worth $51,653,000 after acquiring an additional 28,626 shares during the last quarter. First National Bank Sioux Falls boosted its stake in 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 valued at $2,157,000 after purchasing an additional 2,810 shares during the last quarter. Farther Finance Advisors LLC boosted its stake 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 purchasing an additional 7,073 shares during the last quarter. Kelleher Financial Advisors bought a new stake in shares of Avantis U.S. Mid Cap Value ETF in the 4th quarter worth $30,000. Finally, Team Financial Group LLC increased its holdings in shares of 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 worth $6,376,000 after purchasing an additional 3,488 shares in the last quarter.

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.