Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE – Get Free Report) was the target of a significant 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. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 1,297 shares, the short-interest ratio is presently 0.6 days.
Avantis Inflation Focused Equity ETF Price Performance
AVIE stock traded up $0.01 during midday trading on Monday, hitting $79.51. The company’s stock had a trading volume of 1,032 shares, compared to its average volume of 1,251. The company’s fifty day moving average price is $76.02 and its 200 day moving average price is $73.97. Avantis Inflation Focused Equity ETF has a twelve month low of $60.87 and a twelve month high of $79.51. The stock has a market capitalization of $12.72 million, a P/E ratio of 17.76 and a beta of 0.48.
Institutional Trading of Avantis Inflation Focused Equity ETF
A hedge fund recently raised its position in Avantis Inflation Focused Equity ETF stock. Geneos Wealth Management Inc. raised its position in Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE – Free Report) by 10.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent reporting period.
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.
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