Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) Short Interest Update

Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 148,131 shares, a growth of 1,477.4% from the April 15th total of 9,391 shares. Based on an average daily volume of 111,655 shares, the days-to-cover ratio is currently 1.3 days. Approximately 3.2% of the shares of the stock are sold short.

Alpha Architect High Inflation and Deflation ETF Price Performance

Shares of NASDAQ:HIDE traded down $0.09 during trading on Wednesday, hitting $24.61. 6,645 shares of the company’s stock were exchanged, compared to its average volume of 42,037. Alpha Architect High Inflation and Deflation ETF has a 52-week low of $22.38 and a 52-week high of $24.70. The business’s 50-day simple moving average is $24.16 and its 200 day simple moving average is $23.60. The company has a market cap of $114.68 million, a price-to-earnings ratio of 31.94 and a beta of 0.09.

Institutional Trading of Alpha Architect High Inflation and Deflation ETF

An institutional investor recently raised its position in Alpha Architect High Inflation and Deflation ETF stock. Ethos Financial Group LLC increased its holdings in shares of Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) by 43.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 234,673 shares of the company’s stock after purchasing an additional 71,145 shares during the quarter. Ethos Financial Group LLC owned approximately 7.93% of Alpha Architect High Inflation and Deflation ETF worth $5,333,000 at the end of the most recent reporting period.

Alpha Architect High Inflation and Deflation ETF Company Profile

The Alpha Architect High Inflation & Deflation ETF (HIDE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that dynamically allocates its assets to US Treasury bonds, real estate, and commodities. The fund shifts exposure based on momentum and trend-following factors. HIDE was launched on Nov 17, 2022 and is issued by Alpha Architect.