Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) Short Interest Down 15.0% in January

Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 21,062 shares, a decrease of 15.0% from the December 31st total of 24,786 shares. Based on an average trading volume of 31,876 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.6% of the company’s shares are short sold. Approximately 0.6% of the company’s shares are short sold. Based on an average trading volume of 31,876 shares, the days-to-cover ratio is currently 0.7 days.

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

Institutional investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC raised its stake in Avantis U.S. Mid Cap Equity ETF by 4.3% during the fourth quarter. Farther Finance Advisors LLC now owns 9,002 shares of the company’s stock worth $636,000 after purchasing an additional 375 shares during the period. Team Financial Group LLC lifted its holdings in Avantis U.S. Mid Cap Equity ETF by 89.3% in the fourth quarter. Team Financial Group LLC now owns 1,257 shares of the company’s stock valued at $89,000 after acquiring an additional 593 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Avantis U.S. Mid Cap Equity ETF by 8.2% in the third quarter. Envestnet Asset Management Inc. now owns 12,600 shares of the company’s stock worth $877,000 after acquiring an additional 955 shares during the period. Ameritas Advisory Services LLC acquired a new stake in Avantis U.S. Mid Cap Equity ETF during the second quarter worth $64,000. Finally, Accredited Wealth Management LLC raised its position in Avantis U.S. Mid Cap Equity ETF by 945.3% in 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 during the period. Hedge funds and other institutional investors own 0.13% of the company’s stock.

Avantis U.S. Mid Cap Equity ETF Stock Performance

Avantis U.S. Mid Cap Equity ETF stock traded up $0.88 during mid-day trading on Wednesday, hitting $74.90. The company’s stock had a trading volume of 1,165 shares, compared to its average volume of 24,568. The company has a 50 day moving average of $72.22 and a 200-day moving average of $70.00. Avantis U.S. Mid Cap Equity ETF has a one year low of $53.29 and a one year high of $74.78.

About Avantis U.S. Mid Cap Equity ETF

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.