Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) Short Interest Update
by Renee Jackson · The Cerbat GemAvantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV – Get Free Report) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 20,308 shares, a decrease of 48.0% from the April 15th total of 39,079 shares. Based on an average daily volume of 33,102 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the shares of the company are short sold.
Institutional Investors Weigh In On Avantis U.S. Mid Cap Value ETF
Hedge funds and other institutional investors have recently made changes to their positions in the business. Kelleher Financial Advisors purchased a new stake in shares of Avantis U.S. Mid Cap Value ETF during the 4th quarter valued at about $30,000. Cloud Capital Management LLC bought a new position in Avantis U.S. Mid Cap Value ETF in the 3rd quarter worth $80,000. Harbor Investment Advisory LLC bought a new position in Avantis U.S. Mid Cap Value ETF in the 4th quarter worth $85,000. Mosaic Family Wealth Partners LLC bought a new position in Avantis U.S. Mid Cap Value ETF in the 1st quarter worth $1,000,000. Finally, First National Bank Sioux Falls raised its holdings in Avantis U.S. Mid Cap Value ETF by 10.2% in the 4th quarter. First National Bank Sioux Falls now owns 30,296 shares of the company’s stock worth $2,157,000 after purchasing an additional 2,810 shares during the period.
Avantis U.S. Mid Cap Value ETF Stock Performance
Shares of NYSEARCA AVMV traded up $0.17 during midday trading on Monday, hitting $77.77. 19,502 shares of the company’s stock traded hands, compared to its average volume of 47,028. Avantis U.S. Mid Cap Value ETF has a 1 year low of $62.05 and a 1 year high of $79.56. The stock has a market capitalization of $575.50 million, a price-to-earnings ratio of 14.42 and a beta of 0.98. The firm has a fifty day moving average of $75.78 and a 200 day moving average of $73.78.
About Avantis U.S. Mid Cap Value ETF
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.