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

Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDEGet Free Report) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 39,919 shares, a drop 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 daily trading volume, of 66,041 shares, the days-to-cover ratio is currently 0.6 days.

Alpha Architect High Inflation and Deflation ETF Stock Performance

Alpha Architect High Inflation and Deflation ETF stock traded up $0.08 during midday trading on Friday, reaching $24.59. The stock had a trading volume of 19,028 shares, compared to its average volume of 45,205. Alpha Architect High Inflation and Deflation ETF has a 1-year low of $22.69 and a 1-year high of $24.70. The firm’s fifty day simple moving average is $24.23 and its 200-day simple moving average is $24.10. The stock has a market capitalization of $147.05 million, a P/E ratio of 31.94 and a beta of 0.09.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Alpha Architect High Inflation and Deflation ETF stock. Stillwater Private Wealth LLC purchased a new stake in Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDEFree Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 178,743 shares of the company’s stock, valued at approximately $4,290,000. Alpha Architect High Inflation and Deflation ETF comprises 3.6% of Stillwater Private Wealth LLC’s holdings, making the stock its 7th largest holding. Stillwater Private Wealth LLC owned 3.84% of Alpha Architect High Inflation and Deflation ETF at the end of the most recent reporting period.

Alpha Architect High Inflation and Deflation ETF Company Profile

(Get Free Report)

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.

Further Reading

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