Avantis U.S. Quality ETF (NASDAQ:AVUQ) Short Interest Update

Avantis U.S. Quality ETF (NASDAQ:AVUQ) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 32,590 shares, an increase of 836.5% from the June 15th total of 3,480 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average daily volume of 27,576 shares, the days-to-cover ratio is presently 1.2 days.

Avantis U.S. Quality ETF Price Performance

Avantis U.S. Quality ETF stock traded up $0.38 during trading hours on Friday, hitting $66.74. The company had a trading volume of 7,705 shares, compared to its average volume of 16,305. The firm has a market capitalization of $280.31 million, a P/E ratio of 29.10 and a beta of 1.16. The firm’s fifty day moving average is $65.66 and its 200-day moving average is $62.03. Avantis U.S. Quality ETF has a fifty-two week low of $54.56 and a fifty-two week high of $67.78.

Avantis U.S. Quality ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Tuesday, June 9th were issued a dividend of $0.0652 per share. The ex-dividend date was Tuesday, June 9th. This represents a $0.26 annualized dividend and a dividend yield of 0.4%. This is an increase from Avantis U.S. Quality ETF’s previous quarterly dividend of $0.04.

Institutional Trading of Avantis U.S. Quality ETF

A number of institutional investors have recently bought and sold shares of AVUQ. Sankala Group LLC purchased a new position in Avantis U.S. Quality ETF in the fourth quarter valued at about $48,000. Plancorp LLC grew its stake in shares of Avantis U.S. Quality ETF by 11.1% in the 4th quarter. Plancorp LLC now owns 3,995 shares of the company’s stock valued at $240,000 after buying an additional 400 shares in the last quarter. Citadel Advisors LLC bought a new stake in shares of Avantis U.S. Quality ETF in the 3rd quarter valued at approximately $298,000. EnRich Financial Partners LLC acquired a new position in Avantis U.S. Quality ETF in the fourth quarter worth approximately $397,000. Finally, Haven Private LLC bought a new position in Avantis U.S. Quality ETF during the fourth quarter valued at approximately $695,000.

Avantis U.S. Quality ETF Company Profile

?The Avantis U.S. Quality ETF (AVUQ) seeks long-term capital appreciation by investing primarily in a diverse group of U.S. companies across various market capitalizations, sectors, and industry groups. The fund emphasizes growth companies, aiming to provide investors with exposure to firms that exhibit strong growth potential.