Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) Short Interest Up 32.0% in January

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

Institutional Trading of Avantis U.S. Mid Cap Value ETF

Hedge funds have recently made changes to their positions in the stock. Evensky & Katz LLC increased its stake in shares of Avantis U.S. Mid Cap Value ETF by 4.1% in the fourth quarter. Evensky & Katz LLC now owns 725,469 shares of the company’s stock worth $51,653,000 after acquiring an additional 28,626 shares during the last quarter. Team Financial Group LLC lifted its holdings in shares of Avantis U.S. Mid Cap Value ETF by 4.1% during the 4th quarter. Team Financial Group LLC now owns 89,556 shares of the company’s stock valued at $6,376,000 after buying an additional 3,488 shares during the last quarter. Farther Finance Advisors LLC raised its position in Avantis U.S. Mid Cap Value ETF by 15.0% during the fourth quarter. Farther Finance Advisors LLC now owns 54,197 shares of the company’s stock valued at $3,859,000 after acquiring an additional 7,073 shares in the last quarter. First National Bank Sioux Falls raised its holdings in Avantis U.S. Mid Cap Value ETF by 10.2% during the fourth quarter. First National Bank Sioux Falls now owns 30,296 shares of the company’s stock valued at $2,157,000 after buying an additional 2,810 shares in the last quarter. Finally, Harbor Investment Advisory LLC acquired a new stake in shares of Avantis U.S. Mid Cap Value ETF in the fourth quarter worth about $85,000.

Avantis U.S. Mid Cap Value ETF Trading Up 0.8%

Shares of Avantis U.S. Mid Cap Value ETF stock opened at $77.43 on Monday. The stock has a 50-day moving average price of $73.82 and a 200 day moving average price of $70.36. The company has a market cap of $441.35 million, a P/E ratio of 14.42 and a beta of 1.28. Avantis U.S. Mid Cap Value ETF has a 1 year low of $52.42 and a 1 year high of $78.73.

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.