Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE – Get Free Report) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 582 shares, a growth of 138.5% from the June 15th total of 244 shares. Based on an average daily trading volume, of 814 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.6% of the company’s shares are sold short.
Avantis Inflation Focused Equity ETF Stock Performance
Avantis Inflation Focused Equity ETF stock remained flat at $76.36 during midday trading on Tuesday. The company had a trading volume of 122 shares, compared to its average volume of 1,267. The business has a 50-day simple moving average of $74.36 and a 200-day simple moving average of $72.24. Avantis Inflation Focused Equity ETF has a 12 month low of $59.21 and a 12 month high of $76.67. The firm has a market capitalization of $7.64 million, a price-to-earnings ratio of 17.76 and a beta of 0.49.
Institutional Trading of Avantis Inflation Focused Equity ETF
An institutional investor recently raised its stake in Avantis Inflation Focused Equity ETF stock. Geneos Wealth Management Inc. grew its holdings in Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE – Free Report) by 10.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,717 shares of the company’s stock after purchasing an additional 337 shares during the quarter. Geneos Wealth Management Inc. owned 3.72% of Avantis Inflation Focused Equity ETF worth $245,000 at the end of the most recent reporting period.
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.
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