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

Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) saw a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 25,353 shares, a growth of 43.2% from the January 29th total of 17,704 shares. Based on an average trading volume of 29,098 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.7% of the shares of the stock are short sold. Currently, 0.7% of the shares of the stock are short sold. Based on an average trading volume of 29,098 shares, the days-to-cover ratio is currently 0.9 days.

Avantis U.S. Mid Cap Equity ETF Stock Performance

Shares of AVMC traded up $0.30 during mid-day trading on Monday, hitting $76.68. The company’s stock had a trading volume of 4,509 shares, compared to its average volume of 22,660. The firm has a 50-day moving average price of $74.01 and a 200 day moving average price of $71.06. Avantis U.S. Mid Cap Equity ETF has a fifty-two week low of $53.29 and a fifty-two week high of $76.88.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Skyview Financial Group LLC acquired a new stake in shares of Avantis U.S. Mid Cap Equity ETF during the 4th quarter valued at about $306,000. Envision Financial Planning LLC raised its stake in Avantis U.S. Mid Cap Equity ETF by 4.3% during the 4th quarter. Envision Financial Planning LLC now owns 137,933 shares of the company’s stock worth $9,744,000 after buying an additional 5,705 shares during the period. Equitable Holdings Inc. acquired a new stake in Avantis U.S. Mid Cap Equity ETF during the 4th quarter worth approximately $310,000. B&D White Capital Company LLC bought a new stake in Avantis U.S. Mid Cap Equity ETF in the 4th quarter valued at approximately $436,000. Finally, Kestra Advisory Services LLC increased its position in shares of Avantis U.S. Mid Cap Equity ETF by 1.4% in the fourth quarter. Kestra Advisory Services LLC now owns 51,187 shares of the company’s stock valued at $3,616,000 after acquiring an additional 713 shares during the last quarter. Institutional investors and hedge funds 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.