Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) Short Interest Up 25.4% in February

Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 31,787 shares, an increase of 25.4% from the February 12th total of 25,353 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 15,769 shares, the short-interest ratio is currently 2.0 days. Based on an average daily trading volume, of 15,769 shares, the short-interest ratio is currently 2.0 days. Currently, 0.8% of the shares of the stock are sold short.

Avantis U.S. Mid Cap Equity ETF Stock Up 0.9%

NYSEARCA AVMC traded up $0.64 during trading hours on Monday, hitting $72.07. 9,290 shares of the company’s stock traded hands, compared to its average volume of 22,112. Avantis U.S. Mid Cap Equity ETF has a 52-week low of $53.29 and a 52-week high of $76.88. The firm’s 50-day moving average is $74.47 and its 200-day moving average is $71.42.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Team Financial Group LLC purchased a new stake in shares of Avantis U.S. Mid Cap Equity ETF in the third quarter valued at approximately $46,000. Kingdom Financial Group LLC. purchased a new position in Avantis U.S. Mid Cap Equity ETF during the fourth quarter worth approximately $62,000. Accredited Wealth Management LLC lifted its position in Avantis U.S. Mid Cap Equity ETF by 945.3% during the third quarter. Accredited Wealth Management LLC now owns 1,432 shares of the company’s stock worth $100,000 after buying an additional 1,295 shares in the last quarter. Osaic Holdings Inc. boosted its stake in Avantis U.S. Mid Cap Equity ETF by 232.9% during the second quarter. Osaic Holdings Inc. now owns 3,073 shares of the company’s stock worth $203,000 after buying an additional 2,150 shares during the last quarter. Finally, Mosaic Family Wealth Partners LLC acquired a new position in Avantis U.S. Mid Cap Equity ETF during the fourth quarter worth $236,000. 0.13% of the stock is currently owned by institutional investors and hedge funds.

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.