Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) Short Interest Up 74.4% in June

Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 58,232 shares, an increase of 74.4% from the May 31st total of 33,394 shares. Based on an average trading volume of 38,381 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.8% of the company’s shares are short sold.

Avantis U.S. Mid Cap Value ETF Stock Performance

Avantis U.S. Mid Cap Value ETF stock opened at $80.42 on Friday. Avantis U.S. Mid Cap Value ETF has a 12-month low of $64.82 and a 12-month high of $82.00. The firm has a 50-day moving average price of $79.22 and a 200-day moving average price of $76.34. The firm has a market capitalization of $667.49 million, a PE ratio of 14.42 and a beta of 0.92.

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

Institutional investors have recently added to or reduced their stakes in the company. Evensky & Katz LLC boosted its position in shares of Avantis U.S. Mid Cap Value ETF by 38.9% during the third quarter. Evensky & Katz LLC now owns 696,843 shares of the company’s stock valued at $48,005,000 after buying an additional 195,276 shares during the period. Farther Finance Advisors LLC raised its holdings 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 buying an additional 7,073 shares during the period. First National Bank Sioux Falls lifted its stake in shares of Avantis U.S. Mid Cap Value ETF by 21.2% during the 1st quarter. First National Bank Sioux Falls now owns 36,723 shares of the company’s stock worth $2,816,000 after acquiring an additional 6,427 shares during the last quarter. Team Financial Group LLC lifted its stake in shares of Avantis U.S. Mid Cap Value ETF by 2.3% during the 1st quarter. Team Financial Group LLC now owns 91,574 shares of the company’s stock worth $6,793,000 after acquiring an additional 2,018 shares during the last quarter. Finally, Mosaic Family Wealth Partners LLC purchased a new position in Avantis U.S. Mid Cap Value ETF during the 1st quarter valued at $1,000,000.

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.