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 growth in short interest during the month of December. As of December 31st, there was short interest totaling 24,786 shares, a growth of 84.6% from the December 15th total of 13,425 shares. Based on an average trading volume of 17,928 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.7% of the company’s shares are short sold. Currently, 0.7% of the company’s shares are short sold. Based on an average trading volume of 17,928 shares, the days-to-cover ratio is presently 1.4 days.

Institutional Investors Weigh In On Avantis U.S. Mid Cap Equity ETF

Large investors have recently made changes to their positions in the business. Team Financial Group LLC acquired a new position in shares of Avantis U.S. Mid Cap Equity ETF during the 3rd quarter valued at $46,000. Ameritas Advisory Services LLC purchased a new stake in shares of Avantis U.S. Mid Cap Equity ETF in the second quarter worth about $64,000. Accredited Wealth Management LLC grew its stake in shares of Avantis U.S. Mid Cap Equity ETF by 945.3% in the third quarter. Accredited Wealth Management LLC now owns 1,432 shares of the company’s stock valued at $100,000 after buying an additional 1,295 shares in the last quarter. Avondale Wealth Management purchased a new stake in shares of Avantis U.S. Mid Cap Equity ETF during the 2nd quarter valued at about $134,000. Finally, Osaic Holdings Inc. lifted its position in Avantis U.S. Mid Cap Equity ETF by 232.9% during the 2nd quarter. Osaic Holdings Inc. now owns 3,073 shares of the company’s stock worth $203,000 after acquiring an additional 2,150 shares in the last quarter. Institutional investors and hedge funds own 0.13% of the company’s stock.

Avantis U.S. Mid Cap Equity ETF Stock Performance

NYSEARCA:AVMC traded up $0.62 on Thursday, hitting $74.43. 25,474 shares of the stock were exchanged, compared to its average volume of 31,285. Avantis U.S. Mid Cap Equity ETF has a fifty-two week low of $53.29 and a fifty-two week high of $74.58. The stock has a fifty day moving average of $70.72 and a 200-day moving average of $69.32.

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.