Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) Short Interest Update

Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) was the recipient of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 17,704 shares, a drop of 15.9% from the January 15th total of 21,062 shares. Based on an average daily volume of 15,242 shares, the short-interest ratio is currently 1.2 days. Approximately 0.5% of the company’s shares are short sold. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 15,242 shares, the short-interest ratio is currently 1.2 days.

Avantis U.S. Mid Cap Equity ETF Price Performance

Shares of AVMC opened at $75.69 on Monday. The firm has a fifty day simple moving average of $73.02 and a two-hundred day simple moving average of $70.42. Avantis U.S. Mid Cap Equity ETF has a twelve month low of $53.29 and a twelve month high of $76.88.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of AVMC. Chicago Partners Investment Group LLC grew its position in shares of Avantis U.S. Mid Cap Equity ETF by 14.2% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 58,783 shares of the company’s stock worth $4,024,000 after buying an additional 7,310 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Avantis U.S. Mid Cap Equity ETF by 62.7% in the second quarter. Envestnet Asset Management Inc. now owns 11,645 shares of the company’s stock worth $771,000 after acquiring an additional 4,486 shares during the period. AE Wealth Management LLC boosted its holdings in Avantis U.S. Mid Cap Equity ETF by 104.4% in the second quarter. AE Wealth Management LLC now owns 53,688 shares of the company’s stock valued at $3,554,000 after acquiring an additional 27,422 shares in the last quarter. American Century Companies Inc. boosted its holdings in Avantis U.S. Mid Cap Equity ETF by 7.4% in the second quarter. American Century Companies Inc. now owns 118,620 shares of the company’s stock valued at $7,851,000 after acquiring an additional 8,184 shares in the last quarter. Finally, Balance Wealth LLC purchased a new position in Avantis U.S. Mid Cap Equity ETF during the 2nd quarter valued at $2,154,000. Institutional investors own 0.13% of the company’s stock.

Avantis U.S. Mid Cap Equity ETF Company Profile

The Avantis U.S. Mid Cap Equity ETF (AVMC) 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 companies selected based on fundamental criteria. AVMC was launched on Nov 7, 2023 and is issued by American Century Investments.