Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) Short Interest Up 143.2% in March

Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 27,180 shares, a growth of 143.2% from the March 15th total of 11,177 shares. Based on an average daily trading volume, of 23,209 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.6% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. McIlrath & Eck LLC raised its holdings in shares of Avantis U.S. Mid Cap Equity ETF by 4.7% in the fourth quarter. McIlrath & Eck LLC now owns 744,556 shares of the company’s stock valued at $52,595,000 after buying an additional 33,404 shares during the last quarter. Elwood & Goetz Wealth Advisory Group LLC raised its holdings in shares of Avantis U.S. Mid Cap Equity ETF by 14.1% in the fourth quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 394,017 shares of the company’s stock valued at $27,833,000 after buying an additional 48,573 shares during the last quarter. Berger Financial Group Inc raised its holdings in shares of Avantis U.S. Mid Cap Equity ETF by 4.2% in the fourth quarter. Berger Financial Group Inc now owns 230,239 shares of the company’s stock valued at $16,264,000 after buying an additional 9,353 shares during the last quarter. Wealth Management Partners LLC raised its holdings in Avantis U.S. Mid Cap Equity ETF by 1,925.2% during the 4th quarter. Wealth Management Partners LLC now owns 202,578 shares of the company’s stock worth $14,310,000 after purchasing an additional 192,575 shares during the last quarter. Finally, CGN Advisors LLC raised its holdings in Avantis U.S. Mid Cap Equity ETF by 3.1% during the 3rd quarter. CGN Advisors LLC now owns 175,244 shares of the company’s stock worth $12,194,000 after purchasing an additional 5,231 shares during the last quarter. 0.13% of the stock is owned by institutional investors.

Avantis U.S. Mid Cap Equity ETF Stock Up 1.0%

Avantis U.S. Mid Cap Equity ETF stock opened at $75.52 on Tuesday. The stock has a 50-day simple moving average of $74.08 and a 200 day simple moving average of $71.90. Avantis U.S. Mid Cap Equity ETF has a 12-month low of $56.21 and a 12-month high of $76.88.

Avantis U.S. Mid Cap Equity ETF Company Profile

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.