Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) Sees Large Decline in Short Interest

Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 39,919 shares, a decline of 55.0% from the July 15th total of 88,619 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average trading volume of 66,041 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On Alpha Architect High Inflation and Deflation ETF

An institutional investor recently bought a new stake in Alpha Architect High Inflation and Deflation ETF stock. Stillwater Private Wealth LLC bought a new stake in Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 178,743 shares of the company’s stock, valued at approximately $4,290,000. Alpha Architect High Inflation and Deflation ETF makes up 3.6% of Stillwater Private Wealth LLC’s holdings, making the stock its 7th biggest position. Stillwater Private Wealth LLC owned about 3.84% of Alpha Architect High Inflation and Deflation ETF as of its most recent SEC filing.

Alpha Architect High Inflation and Deflation ETF Stock Performance

NASDAQ HIDE traded up $0.08 during trading hours on Friday, hitting $24.59. 19,028 shares of the company traded hands, compared to its average volume of 45,205. The business’s 50-day moving average is $24.23 and its 200-day moving average is $24.10. The stock has a market capitalization of $147.05 million, a price-to-earnings ratio of 31.94 and a beta of 0.09. Alpha Architect High Inflation and Deflation ETF has a twelve month low of $22.69 and a twelve month high of $24.70.

About Alpha Architect High Inflation and Deflation ETF

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.