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 recipient of a significant increase in short interest in 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. Approximately 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 38,381 shares, the short-interest ratio is currently 1.5 days.

Avantis U.S. Mid Cap Value ETF Price Performance

Shares of AVMV opened at $80.25 on Thursday. Avantis U.S. Mid Cap Value ETF has a twelve month low of $64.82 and a twelve month high of $82.00. The company has a market capitalization of $666.08 million, a P/E ratio of 14.42 and a beta of 0.92. The firm has a 50 day moving average of $79.13 and a 200 day moving average of $76.25.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. 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 last quarter. Harbor Investment Advisory LLC purchased a new position in Avantis U.S. Mid Cap Value ETF in the 4th quarter worth about $85,000. Team Financial Group LLC raised its position in Avantis U.S. Mid Cap Value ETF by 4.1% in the 4th quarter. Team Financial Group LLC now owns 89,556 shares of the company’s stock worth $6,376,000 after buying an additional 3,488 shares during the last quarter. Kelleher Financial Advisors bought a new position in Avantis U.S. Mid Cap Value ETF during the 4th quarter valued at about $30,000. Finally, Farther Finance Advisors LLC lifted its stake in Avantis U.S. Mid Cap Value ETF by 15.0% during the 4th quarter. Farther Finance Advisors LLC now owns 54,197 shares of the company’s stock valued at $3,859,000 after acquiring an additional 7,073 shares during the period.

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.