Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) Short Interest Up 299.3% in December

Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 579 shares, a growth of 299.3% from the December 15th total of 145 shares. Based on an average daily volume of 303 shares, the short-interest ratio is presently 1.9 days. Approximately 0.6% of the shares of the company are sold short. Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 303 shares, the short-interest ratio is presently 1.9 days.

Avantis Inflation Focused Equity ETF Trading Up 1.4%

AVIE stock traded up $0.92 on Wednesday, hitting $68.43. The company’s stock had a trading volume of 335 shares, compared to its average volume of 426. The stock has a market cap of $6.84 million, a price-to-earnings ratio of 17.76 and a beta of 0.64. The firm has a 50 day moving average of $65.56 and a two-hundred day moving average of $63.23. Avantis Inflation Focused Equity ETF has a 1 year low of $56.29 and a 1 year high of $68.64.

Hedge Funds Weigh In On Avantis Inflation Focused Equity ETF

An institutional investor recently raised its position in Avantis Inflation Focused Equity ETF stock. Geneos Wealth Management Inc. raised its stake in shares of Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) by 9.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,328 shares of the company’s stock after acquiring an additional 277 shares during the period. Geneos Wealth Management Inc. owned approximately 4.16% of Avantis Inflation Focused Equity ETF worth $214,000 as of its most recent SEC filing.

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.