Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) Short Interest Update

Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 58,660 shares, a decrease of 46.5% from the August 15th total of 109,743 shares. Based on an average daily volume of 44,371 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.7% of the shares of the company are sold short.

Hedge Funds Weigh In On Avantis U.S. Mid Cap Value ETF

Hedge funds have recently modified their holdings of the stock. Evensky & Katz LLC grew its holdings in 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 purchasing an additional 28,626 shares during the period. Team Financial Group LLC lifted its stake in Avantis U.S. Mid Cap Value ETF by 2.3% in the first quarter. Team Financial Group LLC now owns 91,574 shares of the company’s stock valued at $6,793,000 after acquiring an additional 2,018 shares during the last quarter. First National Bank Sioux Falls boosted 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 period. Mosaic Family Wealth Partners LLC bought a new position in shares of Avantis U.S. Mid Cap Value ETF during the first quarter worth approximately $1,000,000. Finally, Harbor Investment Advisory LLC increased its position in Avantis U.S. Mid Cap Value ETF by 105.4% during the second quarter. Harbor Investment Advisory LLC now owns 5,651 shares of the company’s stock worth $455,000 after acquiring an additional 2,900 shares during the period.

Avantis U.S. Mid Cap Value ETF Trading Down 0.4%

AVMV traded down $0.34 during midday trading on Tuesday, reaching $79.63. The company’s stock had a trading volume of 33,519 shares, compared to its average volume of 47,644. The company has a fifty day simple moving average of $81.65 and a 200 day simple moving average of $78.89. The stock has a market cap of $716.66 million, a P/E ratio of 14.42 and a beta of 0.91. Avantis U.S. Mid Cap Value ETF has a twelve month low of $66.13 and a twelve month high of $84.26.

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.