Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) Short Interest Down 24.9% in March

Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) was the recipient of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 6,401 shares, a decline of 24.9% from the February 26th total of 8,528 shares. Based on an average daily volume of 34,081 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

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

A number of large investors have recently added to or reduced their stakes in AVMV. Evensky & Katz LLC raised its stake in shares of Avantis U.S. Mid Cap Value ETF by 4.1% during the fourth quarter. Evensky & Katz LLC now owns 725,469 shares of the company’s stock valued at $51,653,000 after acquiring an additional 28,626 shares during the last quarter. First National Bank Sioux Falls grew its stake in shares of Avantis U.S. Mid Cap Value ETF by 10.2% in the fourth quarter. First National Bank Sioux Falls now owns 30,296 shares of the company’s stock worth $2,157,000 after purchasing an additional 2,810 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of Avantis U.S. Mid Cap Value ETF by 15.0% in the fourth quarter. Farther Finance Advisors LLC now owns 54,197 shares of the company’s stock worth $3,859,000 after purchasing an additional 7,073 shares during the last quarter. Kelleher Financial Advisors purchased a new position in Avantis U.S. Mid Cap Value ETF during the 4th quarter valued at about $30,000. Finally, Team Financial Group LLC increased its holdings in 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 purchasing an additional 3,488 shares during the period.

Avantis U.S. Mid Cap Value ETF Stock Performance

Shares of Avantis U.S. Mid Cap Value ETF stock opened at $73.13 on Friday. Avantis U.S. Mid Cap Value ETF has a 52-week low of $52.42 and a 52-week high of $78.73. The stock has a market capitalization of $416.84 million, a price-to-earnings ratio of 14.42 and a beta of 1.28. The company’s 50 day moving average price is $75.41 and its 200-day moving average price is $71.85.

Avantis U.S. Mid Cap Value ETF Company Profile

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.