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

Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 393 shares, a decrease of 50.0% from the July 30th total of 786 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 1,312 shares, the short-interest ratio is currently 0.3 days.

Avantis Inflation Focused Equity ETF Trading Up 0.3%

Shares of AVIE traded up $0.21 during mid-day trading on Monday, hitting $80.69. The company’s stock had a trading volume of 1,568 shares, compared to its average volume of 1,322. Avantis Inflation Focused Equity ETF has a 1-year low of $62.00 and a 1-year high of $81.53. The firm has a market capitalization of $12.91 million, a P/E ratio of 17.76 and a beta of 0.48. The firm has a 50-day simple moving average of $77.35 and a 200 day simple moving average of $74.68.

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.