Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) Short Interest Update
by Danessa Lincoln · The Markets DailyAvantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC – Get Free Report) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 24,786 shares, an increase 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 Trading of Avantis U.S. Mid Cap Equity ETF
A number of institutional investors and hedge funds have recently made changes to their positions in AVMC. GEN Financial Management INC. purchased a new position in shares of Avantis U.S. Mid Cap Equity ETF in the 4th quarter worth $714,000. Tiller Private Wealth Inc. purchased a new position in shares of Avantis U.S. Mid Cap Equity ETF in the 4th quarter worth about $7,161,000. Quad Cities Investment Group LLC lifted its stake in shares of Avantis U.S. Mid Cap Equity ETF by 40.5% in the 4th quarter. Quad Cities Investment Group LLC now owns 18,856 shares of the company’s stock valued at $1,332,000 after purchasing an additional 5,431 shares in the last quarter. Team Financial Group LLC grew its holdings in shares of Avantis U.S. Mid Cap Equity ETF by 89.3% during the 4th quarter. Team Financial Group LLC now owns 1,257 shares of the company’s stock worth $89,000 after purchasing an additional 593 shares during the period. Finally, Wealth Management Partners LLC grew its holdings in shares of Avantis U.S. Mid Cap Equity ETF by 1,925.2% during the 4th quarter. Wealth Management Partners LLC now owns 202,578 shares of the company’s stock worth $14,310,000 after purchasing an additional 192,575 shares during the period. 0.13% of the stock is currently owned by institutional investors and hedge funds.
Avantis U.S. Mid Cap Equity ETF Price Performance
AVMC opened at $74.39 on Friday. Avantis U.S. Mid Cap Equity ETF has a 1 year low of $53.29 and a 1 year high of $74.58. The company’s 50 day simple moving average is $70.84 and its 200 day simple moving average is $69.36.
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.