Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) Short Interest Down 34.7% in April

Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totaling 39,079 shares, a decline of 34.7% from the March 31st total of 59,819 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily volume of 41,766 shares, the short-interest ratio is presently 0.9 days.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Evensky & Katz LLC grew its holdings 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 worth $51,653,000 after purchasing an additional 28,626 shares during the last quarter. Team Financial Group LLC grew its holdings in shares of Avantis U.S. Mid Cap Value ETF by 4.1% during the fourth quarter. Team Financial Group LLC now owns 89,556 shares of the company’s stock worth $6,376,000 after purchasing an additional 3,488 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in shares of 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 worth $3,859,000 after purchasing an additional 7,073 shares during the last quarter. First National Bank Sioux Falls grew its holdings in shares of Avantis U.S. Mid Cap Value ETF by 21.2% during the first quarter. First National Bank Sioux Falls now owns 36,723 shares of the company’s stock worth $2,816,000 after purchasing an additional 6,427 shares during the last quarter. Finally, Mosaic Family Wealth Partners LLC bought a new stake in shares of Avantis U.S. Mid Cap Value ETF during the first quarter worth about $1,000,000.

Avantis U.S. Mid Cap Value ETF Stock Performance

Shares of NYSEARCA:AVMV traded up $1.24 during midday trading on Thursday, hitting $78.92. 42,491 shares of the stock were exchanged, compared to its average volume of 49,377. The stock has a market capitalization of $576.12 million, a price-to-earnings ratio of 14.42 and a beta of 1.11. The business’s 50-day moving average price is $75.60 and its 200 day moving average price is $73.08. Avantis U.S. Mid Cap Value ETF has a 12 month low of $59.49 and a 12 month high of $78.94.

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.