Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) Short Interest Update

Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 3,622 shares, a growth of 821.6% from the August 15th total of 393 shares. Based on an average daily trading volume, of 2,340 shares, the short-interest ratio is presently 1.5 days. Currently, 2.3% of the company’s stock are sold short.

Avantis Inflation Focused Equity ETF Stock Down 0.5%

Shares of NYSEARCA AVIE traded down $0.40 during trading hours on Thursday, hitting $80.08. 1,737 shares of the stock were exchanged, compared to its average volume of 1,371. Avantis Inflation Focused Equity ETF has a 12 month low of $62.27 and a 12 month high of $82.03. The firm has a fifty day moving average price of $78.57 and a 200-day moving average price of $75.19. The company has a market cap of $12.81 million, a PE ratio of 17.76 and a beta of 0.48.

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.