Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) Sees Significant Growth in Short Interest

by · The Cerbat Gem

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

Avantis Inflation Focused Equity ETF Price Performance

AVIE stock traded down $0.40 during mid-day trading on Thursday, reaching $80.08. The company had a trading volume of 1,737 shares, compared to its average volume of 1,371. The company has a market capitalization of $12.81 million, a PE ratio of 17.76 and a beta of 0.48. The firm has a 50 day moving average of $78.57 and a 200 day moving average of $75.19. Avantis Inflation Focused Equity ETF has a 12 month low of $62.27 and a 12 month high of $82.03.

Avantis Inflation Focused Equity ETF Company Profile

(Get Free Report)

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.

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