Short Interest in Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) Drops By 55.0%

Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 39,919 shares, a drop of 55.0% from the July 15th total of 88,619 shares. Based on an average daily volume of 66,041 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.7% of the company’s shares are sold short.

Alpha Architect High Inflation and Deflation ETF Price Performance

NASDAQ HIDE traded up $0.08 on Friday, hitting $24.59. 19,028 shares of the company were exchanged, compared to its average volume of 45,205. The company’s 50 day moving average price is $24.23 and its 200-day moving average price is $24.10. The firm has a market capitalization of $147.05 million, a P/E ratio of 31.94 and a beta of 0.09. Alpha Architect High Inflation and Deflation ETF has a twelve month low of $22.69 and a twelve month high of $24.70.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Alpha Architect High Inflation and Deflation ETF stock. Stillwater Private Wealth LLC bought a new position in Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 178,743 shares of the company’s stock, valued at approximately $4,290,000. Alpha Architect High Inflation and Deflation ETF accounts for about 3.6% of Stillwater Private Wealth LLC’s holdings, making the stock its 7th largest holding. Stillwater Private Wealth LLC owned about 3.84% of Alpha Architect High Inflation and Deflation ETF as of its most recent SEC filing.

About Alpha Architect High Inflation and Deflation ETF

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.