Short Interest in Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) Increases By 821.6%

Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 3,622 shares, a growth of 821.6% from the August 15th total of 393 shares. Based on an average daily trading volume, of 2,340 shares, the short-interest ratio is currently 1.5 days. Approximately 2.3% of the company’s stock are short sold.

Avantis Inflation Focused Equity ETF Trading Up 0.1%

AVIE stock traded up $0.06 during trading on Friday, reaching $80.14. The stock had a trading volume of 284 shares, compared to its average volume of 1,365. The firm has a fifty day moving average price of $78.66 and a 200 day moving average price of $75.23. The company has a market capitalization of $12.82 million, a P/E ratio of 17.76 and a beta of 0.48. Avantis Inflation Focused Equity ETF has a 1-year low of $62.27 and a 1-year high of $82.03.

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.