Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) Short Interest Up 78.9% in May

Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) saw a large growth in short interest in May. As of May 15th, there was short interest totaling 36,338 shares, a growth of 78.9% from the April 30th total of 20,308 shares. Based on an average daily trading volume, of 32,128 shares, the short-interest ratio is presently 1.1 days. Approximately 0.5% of the shares of the stock are sold short.

Avantis U.S. Mid Cap Value ETF Stock Performance

AVMV opened at $79.38 on Thursday. The stock’s fifty day moving average is $77.19 and its 200-day moving average is $74.76. The company has a market capitalization of $587.41 million, a PE ratio of 14.42 and a beta of 0.98. Avantis U.S. Mid Cap Value ETF has a one year low of $63.41 and a one year high of $80.42.

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

A number of institutional investors and hedge funds have recently modified their holdings of AVMV. Kelleher Financial Advisors purchased a new position in shares of Avantis U.S. Mid Cap Value ETF during the fourth quarter valued at $30,000. Harbor Investment Advisory LLC purchased a new position in shares of Avantis U.S. Mid Cap Value ETF during the fourth quarter valued at $85,000. Team Financial Group LLC grew its holdings in shares of Avantis U.S. Mid Cap Value ETF by 2.3% during the first quarter. Team Financial Group LLC now owns 91,574 shares of the company’s stock valued at $6,793,000 after buying an additional 2,018 shares in the last quarter. First National Bank Sioux Falls grew its holdings in shares of 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, 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 valued at $3,859,000 after buying an additional 7,073 shares in the last quarter.

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.