Short Interest in Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) Expands By 78.9%

Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMVGet Free Report) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 36,338 shares, a growth of 78.9% from the April 30th total of 20,308 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 32,128 shares, the short-interest ratio is currently 1.1 days.

Avantis U.S. Mid Cap Value ETF Price Performance

Shares of AVMV stock opened at $79.14 on Tuesday. The firm has a 50-day moving average of $76.92 and a 200-day moving average of $74.61. Avantis U.S. Mid Cap Value ETF has a one year low of $62.71 and a one year high of $80.42. The company has a market cap of $585.64 million, a P/E ratio of 14.42 and a beta of 0.98.

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

Hedge funds have recently made changes to their positions in the business. Kelleher Financial Advisors bought a new position in shares of Avantis U.S. Mid Cap Value ETF during the 4th quarter valued at approximately $30,000. Harbor Investment Advisory LLC purchased a new stake in Avantis U.S. Mid Cap Value ETF during the fourth quarter valued at about $85,000. Mosaic Family Wealth Partners LLC bought a new position in Avantis U.S. Mid Cap Value ETF during the first quarter worth about $1,000,000. First National Bank Sioux Falls boosted its position in Avantis U.S. Mid Cap Value ETF by 10.2% during the fourth quarter. First National Bank Sioux Falls now owns 30,296 shares of the company’s stock worth $2,157,000 after purchasing an additional 2,810 shares during the period. Finally, Farther Finance Advisors LLC increased its stake in shares of Avantis U.S. Mid Cap Value ETF by 15.0% in the fourth 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.

About Avantis U.S. Mid Cap Value ETF

(Get Free Report)

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.

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