Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) Sees Significant Increase in Short Interest

Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 145 shares, an increase of 30.6% from the November 30th total of 111 shares. Based on an average daily trading volume, of 457 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 457 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Avantis Inflation Focused Equity ETF

An institutional investor recently raised its position in Avantis Inflation Focused Equity ETF stock. Plancorp LLC boosted its holdings in Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) by 2.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,037 shares of the company’s stock after purchasing an additional 600 shares during the quarter. Plancorp LLC owned about 26.30% of Avantis Inflation Focused Equity ETF worth $1,355,000 as of its most recent SEC filing.

Avantis Inflation Focused Equity ETF Price Performance

Shares of AVIE stock traded down $0.38 during trading on Wednesday, hitting $65.78. 433 shares of the stock traded hands, compared to its average volume of 399. Avantis Inflation Focused Equity ETF has a 52-week low of $56.29 and a 52-week high of $66.44. The firm has a market capitalization of $6.58 million, a P/E ratio of 17.76 and a beta of 0.64. The firm’s fifty day moving average price is $64.82 and its 200-day moving average price is $62.84.

Avantis Inflation Focused Equity ETF Company Profile

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.