Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) Short Interest Update

Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 786 shares, an increase of 90.3% from the July 15th total of 413 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 1,297 shares, the days-to-cover ratio is currently 0.6 days.

Avantis Inflation Focused Equity ETF Trading Up 0.5%

Avantis Inflation Focused Equity ETF stock traded up $0.39 during mid-day trading on Friday, hitting $79.50. The stock had a trading volume of 469 shares, compared to its average volume of 1,253. The firm has a market capitalization of $12.72 million, a P/E ratio of 17.76 and a beta of 0.48. The firm’s 50 day moving average is $76.02 and its 200 day moving average is $73.93. Avantis Inflation Focused Equity ETF has a one year low of $60.87 and a one year high of $79.50.

Hedge Funds Weigh In On Avantis Inflation Focused Equity ETF

A hedge fund recently raised its stake in Avantis Inflation Focused Equity ETF stock. Geneos Wealth Management Inc. lifted its holdings in Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) by 10.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,717 shares of the company’s stock after purchasing an additional 337 shares during the quarter. Geneos Wealth Management Inc. owned 3.72% of Avantis Inflation Focused Equity ETF worth $245,000 at the end of the most recent quarter.

Avantis Inflation Focused Equity ETF Company Profile

The Avantis Inflation Focused Equity ETF (AVIE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed equity fund of US companies involved in sectors or industries that tend to outperform during periods of inflation. AVIE was launched on Sep 27, 2022 and is managed by American Century Investments.