Short Interest in Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) Declines By 47.5%

Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 24,154 shares, a decline of 47.5% from the December 15th total of 46,020 shares. Currently, 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 16,358 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily trading volume, of 16,358 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.8% of the shares of the company are sold short.

Alpha Architect High Inflation and Deflation ETF Stock Performance

Shares of NASDAQ:HIDE remained flat at $23.02 during mid-day trading on Friday. 12,261 shares of the company were exchanged, compared to its average volume of 17,315. Alpha Architect High Inflation and Deflation ETF has a 52 week low of $21.79 and a 52 week high of $23.57. The company has a 50 day simple moving average of $23.20 and a 200-day simple moving average of $23.09. The stock has a market capitalization of $67.91 million, a price-to-earnings ratio of 31.94 and a beta of 0.09.

Alpha Architect High Inflation and Deflation ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were issued a $0.7192 dividend. The ex-dividend date of this dividend was Tuesday, December 23rd.

Institutional Investors Weigh In On Alpha Architect High Inflation and Deflation ETF

A hedge fund recently raised its stake in Alpha Architect High Inflation and Deflation ETF stock. Ethos Financial Group LLC increased its stake in Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) by 27.1% in the 3rd quarter, according to the company in its most recent disclosure with the 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 about 5.99% of Alpha Architect High Inflation and Deflation ETF worth $3,788,000 at the end of the most recent quarter.

Alpha Architect High Inflation and Deflation ETF Company Profile

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.