Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) Short Interest Up 78.3% in January

Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 831 shares, a growth of 78.3% from the January 15th total of 466 shares. Based on an average daily volume of 1,091 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.8% of the company’s stock are short sold. Approximately 0.8% of the company’s stock are short sold. Based on an average daily volume of 1,091 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors 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. boosted its position in shares of Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) by 10.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,717 shares of the company’s stock after purchasing an additional 337 shares during the period. Geneos Wealth Management Inc. owned about 3.72% of Avantis Inflation Focused Equity ETF worth $245,000 as of its most recent SEC filing.

Avantis Inflation Focused Equity ETF Price Performance

AVIE stock traded up $0.43 during trading hours on Friday, reaching $73.03. The stock had a trading volume of 2,895 shares, compared to its average volume of 1,247. The stock has a market capitalization of $7.30 million, a PE ratio of 17.76 and a beta of 0.64. Avantis Inflation Focused Equity ETF has a fifty-two week low of $56.29 and a fifty-two week high of $73.57. The stock has a 50-day simple moving average of $68.00 and a 200 day simple moving average of $64.64.

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.