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

Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 786 shares, an increase of 90.3% from the July 15th total of 413 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 1,297 shares, the days-to-cover ratio is presently 0.6 days.

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. lifted its stake in shares of Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) by 10.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. 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 3.72% of Avantis Inflation Focused Equity ETF worth $245,000 as of its most recent filing with the Securities and Exchange Commission.

Avantis Inflation Focused Equity ETF Stock Performance

Shares of AVIE opened at $79.51 on Tuesday. The stock has a market capitalization of $12.72 million, a PE ratio of 17.76 and a beta of 0.48. Avantis Inflation Focused Equity ETF has a 1 year low of $60.87 and a 1 year high of $79.51. The company’s 50-day simple moving average is $76.12 and its 200-day simple moving average is $74.04.

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.