Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) Short Interest Update

Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 25,353 shares, an increase of 43.2% from the January 29th total of 17,704 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 29,098 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily volume of 29,098 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.7% of the company’s stock are short sold.

Avantis U.S. Mid Cap Equity ETF Stock Down 1.3%

NYSEARCA:AVMC traded down $1.01 on Tuesday, reaching $75.49. 11,858 shares of the stock traded hands, compared to its average volume of 22,581. Avantis U.S. Mid Cap Equity ETF has a 12 month low of $53.29 and a 12 month high of $76.88. The company’s fifty day simple moving average is $74.10 and its 200 day simple moving average is $71.12.

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

Several institutional investors have recently added to or reduced their stakes in AVMC. Team Financial Group LLC bought a new stake in shares of Avantis U.S. Mid Cap Equity ETF in the third quarter worth approximately $46,000. Kingdom Financial Group LLC. bought a new stake in shares of Avantis U.S. Mid Cap Equity ETF during the 4th quarter valued at about $62,000. Accredited Wealth Management LLC lifted its stake in shares of Avantis U.S. Mid Cap Equity ETF by 945.3% in the 3rd quarter. Accredited Wealth Management LLC now owns 1,432 shares of the company’s stock worth $100,000 after purchasing an additional 1,295 shares during the period. Osaic Holdings Inc. lifted its stake in shares of Avantis U.S. Mid Cap Equity ETF by 232.9% in the 2nd quarter. Osaic Holdings Inc. now owns 3,073 shares of the company’s stock worth $203,000 after purchasing an additional 2,150 shares during the period. Finally, Mosaic Family Wealth Partners LLC purchased a new position in shares of Avantis U.S. Mid Cap Equity ETF in the fourth quarter worth approximately $236,000. 0.13% of the stock is currently 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.