Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) Short Interest Down 33.3% in September

Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 4,200 shares, a drop of 33.3% from the August 31st total of 6,300 shares. Based on an average daily volume of 15,800 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 15,800 shares, the short-interest ratio is currently 0.3 days.

Avantis U.S. Mid Cap Equity ETF Stock Down 0.7%

AVMC opened at $69.53 on Wednesday. Avantis U.S. Mid Cap Equity ETF has a fifty-two week low of $53.29 and a fifty-two week high of $70.73. The business has a 50-day moving average of $68.84 and a 200-day moving average of $65.30.

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

Hedge funds and other institutional investors have recently made changes to their positions in the company. IFP Advisors Inc raised its stake in shares of Avantis U.S. Mid Cap Equity ETF by 52.8% during the 1st quarter. IFP Advisors Inc now owns 492 shares of the company’s stock worth $30,000 after purchasing an additional 170 shares in the last quarter. Team Financial Group LLC bought a new position in shares of Avantis U.S. Mid Cap Equity ETF in the 3rd quarter valued at approximately $46,000. Ameritas Advisory Services LLC bought a new position in shares of Avantis U.S. Mid Cap Equity ETF in the 2nd quarter valued at approximately $64,000. Park Square Financial Group LLC bought a new position in shares of Avantis U.S. Mid Cap Equity ETF in the 1st quarter valued at approximately $128,000. Finally, Avondale Wealth Management bought a new position in shares of Avantis U.S. Mid Cap Equity ETF in the 2nd quarter valued at approximately $134,000. 0.13% of the stock is owned by hedge funds and other institutional investors.

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.