Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) Short Interest Down 66.3% in August

Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 6,300 shares, a decline of 66.3% from the August 15th total of 18,700 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 16,800 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 16,800 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in AVMC. Jane Street Group LLC acquired a new position in shares of Avantis U.S. Mid Cap Equity ETF in the 4th quarter worth approximately $324,000. McIlrath & Eck LLC lifted its holdings in shares of Avantis U.S. Mid Cap Equity ETF by 7.0% during the fourth quarter. McIlrath & Eck LLC now owns 634,915 shares of the company’s stock valued at $41,263,000 after acquiring an additional 41,772 shares during the period. Quad Cities Investment Group LLC acquired a new stake in shares of Avantis U.S. Mid Cap Equity ETF during the 1st quarter worth about $253,000. CGN Advisors LLC lifted its holdings in Avantis U.S. Mid Cap Equity ETF by 53.0% during the 1st quarter. CGN Advisors LLC now owns 147,061 shares of the company’s stock valued at $9,115,000 after purchasing an additional 50,967 shares during the last quarter. Finally, Proathlete Wealth Management LLC boosted its position in Avantis U.S. Mid Cap Equity ETF by 6.7% in the first quarter. Proathlete Wealth Management LLC now owns 147,669 shares of the company’s stock valued at $9,155,000 after buying an additional 9,302 shares in the last quarter. Institutional investors and hedge funds own 0.13% of the company’s stock.

Avantis U.S. Mid Cap Equity ETF Price Performance

Shares of Avantis U.S. Mid Cap Equity ETF stock opened at $70.35 on Friday. Avantis U.S. Mid Cap Equity ETF has a 52-week low of $53.29 and a 52-week high of $70.73. The company’s fifty day moving average price is $68.10 and its two-hundred day moving average price is $64.48.

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.