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

Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) was the target 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. Based on an average trading volume of 814 shares, the short-interest ratio is presently 0.7 days. Approximately 0.6% of the shares of the company are short sold.

Institutional Trading of Avantis Inflation Focused Equity ETF

A hedge fund recently raised its position in Avantis Inflation Focused Equity ETF stock. Geneos Wealth Management Inc. grew its holdings in shares of Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) by 10.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 3,717 shares of the company’s stock after acquiring an additional 337 shares during the quarter. Geneos Wealth Management Inc. owned about 3.72% of Avantis Inflation Focused Equity ETF worth $245,000 as of its most recent SEC filing.

Avantis Inflation Focused Equity ETF Stock Up 1.1%

NYSEARCA AVIE traded up $0.85 on Thursday, hitting $76.28. The stock had a trading volume of 445 shares, compared to its average volume of 1,247. The company’s 50-day moving average is $74.44 and its two-hundred day moving average is $72.38. Avantis Inflation Focused Equity ETF has a one year low of $59.21 and a one year high of $76.67. The stock has a market cap of $7.63 million, a price-to-earnings ratio of 17.76 and a beta of 0.49.

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.