Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) Short Interest Up 91.2% in March

Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 610 shares, an increase of 91.2% from the February 26th total of 319 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 1,329 shares, the days-to-cover ratio is presently 0.5 days.

Avantis Inflation Focused Equity ETF Stock Up 0.5%

Shares of AVIE traded up $0.34 during mid-day trading on Thursday, hitting $72.65. The company had a trading volume of 243 shares, compared to its average volume of 1,337. Avantis Inflation Focused Equity ETF has a 1-year low of $56.29 and a 1-year high of $74.79. The business’s 50-day simple moving average is $71.71 and its 200-day simple moving average is $66.95. The stock has a market cap of $7.27 million, a PE ratio of 17.76 and a beta of 0.64.

Institutional Trading of Avantis Inflation Focused Equity ETF

A hedge fund recently raised its stake in Avantis Inflation Focused Equity ETF stock. Geneos Wealth Management Inc. boosted its position in 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 fund 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.

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.