Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) Short Interest Up 1,477.4% in April

Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 148,131 shares, an increase of 1,477.4% from the April 15th total of 9,391 shares. Currently, 3.2% of the company’s stock are short sold. Based on an average daily volume of 111,655 shares, the short-interest ratio is presently 1.3 days.

Alpha Architect High Inflation and Deflation ETF Stock Performance

NASDAQ HIDE traded up $0.13 on Monday, reaching $24.60. The company had a trading volume of 35,208 shares, compared to its average volume of 42,552. The firm has a market capitalization of $114.64 million, a price-to-earnings ratio of 31.94 and a beta of 0.09. Alpha Architect High Inflation and Deflation ETF has a 1-year low of $22.38 and a 1-year high of $24.63. The company’s fifty day moving average is $24.15 and its 200-day moving average is $23.59.

Hedge Funds Weigh In On Alpha Architect High Inflation and Deflation ETF

An institutional investor recently raised its position in Alpha Architect High Inflation and Deflation ETF stock. Ethos Financial Group LLC lifted its holdings in shares of Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) by 43.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 234,673 shares of the company’s stock after buying an additional 71,145 shares during the period. Ethos Financial Group LLC owned about 7.93% of Alpha Architect High Inflation and Deflation ETF worth $5,333,000 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.