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

Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 582 shares, an increase of 138.5% from the June 15th total of 244 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 814 shares, the short-interest ratio is currently 0.7 days.

Avantis Inflation Focused Equity ETF Price Performance

NYSEARCA AVIE remained flat at $76.36 during trading hours on Tuesday. 122 shares of the company’s stock were exchanged, compared to its average volume of 1,267. The company has a market capitalization of $7.64 million, a PE ratio of 17.76 and a beta of 0.49. The firm has a fifty day moving average price of $74.36 and a 200-day moving average price of $72.24. Avantis Inflation Focused Equity ETF has a 52 week low of $59.21 and a 52 week high of $76.67.

Hedge Funds Weigh In On Avantis Inflation Focused Equity ETF

An institutional investor recently raised its stake in Avantis Inflation Focused Equity ETF stock. Geneos Wealth Management Inc. boosted its stake in Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) by 10.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 3,717 shares of the company’s stock after purchasing an additional 337 shares during the period. Geneos Wealth Management Inc. owned about 3.72% of Avantis Inflation Focused Equity ETF worth $245,000 at the end of the most recent quarter.

About Avantis Inflation Focused Equity ETF

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.