Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) Short Interest Down 50.0% in August

Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 393 shares, a drop of 50.0% from the July 30th total of 786 shares. Based on an average daily volume of 1,312 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are sold short.

Avantis Inflation Focused Equity ETF Stock Down 0.2%

Shares of NYSEARCA AVIE traded down $0.17 during trading on Friday, reaching $80.48. 855 shares of the stock were exchanged, compared to its average volume of 1,321. The business’s 50-day moving average price is $77.35 and its 200 day moving average price is $74.66. The company has a market capitalization of $12.88 million, a price-to-earnings ratio of 17.76 and a beta of 0.48. Avantis Inflation Focused Equity ETF has a twelve month low of $62.00 and a twelve month high of $81.53.

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.