Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) Short Interest Down 86.7% in June

Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 244 shares, a decrease of 86.7% from the May 31st total of 1,839 shares. Based on an average daily volume of 947 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Investors 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. lifted its stake in shares of Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) by 10.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,717 shares of the company’s stock after buying an additional 337 shares during the quarter. Geneos Wealth Management Inc. owned 3.72% of Avantis Inflation Focused Equity ETF worth $245,000 as of its most recent filing with the SEC.

Avantis Inflation Focused Equity ETF Trading Up 0.9%

NYSEARCA:AVIE traded up $0.65 during mid-day trading on Friday, hitting $74.70. The company had a trading volume of 842 shares, compared to its average volume of 1,233. The business has a fifty day simple moving average of $73.70 and a 200-day simple moving average of $71.41. Avantis Inflation Focused Equity ETF has a 1 year low of $59.21 and a 1 year high of $75.20. The firm has a market capitalization of $7.47 million, a price-to-earnings ratio of 17.76 and a beta of 0.50.

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.