Short Interest in Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) Increases By 182.6%

Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 845 shares, a growth of 182.6% from the April 15th total of 299 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average trading volume of 1,234 shares, the days-to-cover ratio is presently 0.7 days.

Avantis Inflation Focused Equity ETF Stock Up 0.1%

Shares of NYSEARCA AVIE opened at $74.37 on Friday. The firm has a market cap of $7.44 million, a PE ratio of 17.76 and a beta of 0.52. The company’s fifty day simple moving average is $72.65 and its 200 day simple moving average is $69.36. Avantis Inflation Focused Equity ETF has a 12-month low of $59.21 and a 12-month high of $74.79.

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% in the fourth quarter, according to its most recent 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 period. Geneos Wealth Management Inc. owned approximately 3.72% of Avantis Inflation Focused Equity ETF worth $245,000 at the end of the most recent quarter.

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.