Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) Sees Large Decline in Short Interest

Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) was the recipient of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 24,154 shares, a drop of 47.5% from the December 15th total of 46,020 shares. Based on an average daily trading volume, of 16,358 shares, the short-interest ratio is presently 1.5 days. Approximately 0.8% of the company’s shares are short sold. Approximately 0.8% of the company’s shares are short sold. Based on an average daily trading volume, of 16,358 shares, the short-interest ratio is presently 1.5 days.

Alpha Architect High Inflation and Deflation ETF Trading Down 0.2%

HIDE traded down $0.04 during trading on Thursday, hitting $23.02. 25,223 shares of the company’s stock were exchanged, compared to its average volume of 17,822. Alpha Architect High Inflation and Deflation ETF has a 1 year low of $21.79 and a 1 year high of $23.57. The stock has a 50 day moving average price of $23.21 and a 200 day moving average price of $23.08. The firm has a market cap of $67.91 million, a P/E ratio of 31.94 and a beta of 0.09.

Alpha Architect High Inflation and Deflation ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were given a dividend of $0.7192 per share. The ex-dividend date of this dividend was Tuesday, December 23rd.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Alpha Architect High Inflation and Deflation ETF stock. Ethos Financial Group LLC grew its stake in shares of Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) by 27.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 163,528 shares of the company’s stock after purchasing an additional 34,836 shares during the quarter. Ethos Financial Group LLC owned 5.99% of Alpha Architect High Inflation and Deflation ETF worth $3,788,000 at the end of the most recent quarter.

About Alpha Architect High Inflation and Deflation ETF

The Alpha Architect High Inflation & Deflation ETF (HIDE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that dynamically allocates its assets to US Treasury bonds, real estate, and commodities. The fund shifts exposure based on momentum and trend-following factors. HIDE was launched on Nov 17, 2022 and is issued by Alpha Architect.