Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) Short Interest Down 19.5% in January

Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totaling 466 shares, a drop of 19.5% from the December 31st total of 579 shares. Based on an average trading volume of 607 shares, the short-interest ratio is currently 0.8 days. Currently, 0.5% of the company’s shares are sold short. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 607 shares, the short-interest ratio is currently 0.8 days.

Avantis Inflation Focused Equity ETF Price Performance

Shares of Avantis Inflation Focused Equity ETF stock traded up $0.08 on Monday, hitting $69.69. 497 shares of the company’s stock traded hands, compared to its average volume of 790. The company has a fifty day moving average of $66.86 and a two-hundred day moving average of $63.98. Avantis Inflation Focused Equity ETF has a one year low of $56.29 and a one year high of $69.90. The company has a market capitalization of $6.97 million, a price-to-earnings ratio of 17.76 and a beta of 0.64.

Institutional Trading of 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 Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) by 10.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,717 shares of the company’s stock after acquiring an additional 337 shares during the period. Geneos Wealth Management Inc. owned 3.72% of Avantis Inflation Focused Equity ETF worth $245,000 as of its most recent SEC filing.

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.