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

Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 58,660 shares, a decrease of 46.5% from the August 15th total of 109,743 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average daily volume of 44,371 shares, the short-interest ratio is currently 1.3 days.

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

Institutional investors and hedge funds have recently modified their holdings of the company. Harbor Investment Advisory LLC increased its position in shares of Avantis U.S. Mid Cap Value ETF by 105.4% in the second quarter. Harbor Investment Advisory LLC now owns 5,651 shares of the company’s stock valued at $455,000 after buying an additional 2,900 shares in the last quarter. Team Financial Group LLC lifted its stake in Avantis U.S. Mid Cap Value ETF by 2.3% in the 1st quarter. Team Financial Group LLC now owns 91,574 shares of the company’s stock valued at $6,793,000 after buying an additional 2,018 shares in the last quarter. Mosaic Family Wealth Partners LLC purchased a new stake in Avantis U.S. Mid Cap Value ETF in the 1st quarter valued at approximately $1,000,000. First National Bank Sioux Falls boosted its stake in shares of Avantis U.S. Mid Cap Value ETF by 21.2% during the first quarter. First National Bank Sioux Falls now owns 36,723 shares of the company’s stock valued at $2,816,000 after acquiring an additional 6,427 shares during the last quarter. Finally, Evensky & Katz LLC boosted its stake in shares of Avantis U.S. Mid Cap Value ETF by 4.1% during the 4th quarter. Evensky & Katz LLC now owns 725,469 shares of the company’s stock worth $51,653,000 after purchasing an additional 28,626 shares during the last quarter.

Avantis U.S. Mid Cap Value ETF Stock Performance

AVMV traded up $0.32 during trading on Thursday, reaching $78.70. The company’s stock had a trading volume of 17,121 shares, compared to its average volume of 48,995. Avantis U.S. Mid Cap Value ETF has a 52-week low of $66.13 and a 52-week high of $84.26. The company has a market capitalization of $786.92 million, a price-to-earnings ratio of 14.42 and a beta of 0.91. The company’s fifty day moving average price is $81.61 and its 200-day moving average price is $78.91.

About Avantis U.S. Mid Cap Value ETF

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.