Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) Sees Significant Growth in Short Interest

Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) was the target of a large increase in short interest in January. As of January 30th, there was short interest totaling 13,602 shares, an increase of 32.0% from the January 15th total of 10,302 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 68,900 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 68,900 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s stock are sold short.

Avantis U.S. Mid Cap Value ETF Stock Performance

NYSEARCA:AVMV opened at $77.63 on Wednesday. The company has a market capitalization of $442.49 million, a price-to-earnings ratio of 14.42 and a beta of 1.28. Avantis U.S. Mid Cap Value ETF has a one year low of $52.42 and a one year high of $78.73. The stock has a 50-day simple moving average of $74.10 and a 200 day simple moving average of $70.52.

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

A number of institutional investors have recently made changes to their positions in AVMV. Kelleher Financial Advisors bought a new position in Avantis U.S. Mid Cap Value ETF during the fourth quarter worth $30,000. Cloud Capital Management LLC acquired a new stake in shares of Avantis U.S. Mid Cap Value ETF during the third quarter worth $80,000. Harbor Investment Advisory LLC bought a new position in shares of Avantis U.S. Mid Cap Value ETF in the 4th quarter worth about $85,000. First National Bank Sioux Falls boosted 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 valued at $1,893,000 after buying an additional 4,552 shares during the period. Finally, Farther Finance Advisors LLC boosted 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 valued at $3,246,000 after buying an additional 16,852 shares during the period.

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.