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

Avantis U.S. Quality ETF (NASDAQ:AVUQ) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 1,500 shares, a drop of 58.3% from the August 31st total of 3,600 shares. Based on an average daily volume of 3,600 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 3,600 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Avantis U.S. Quality ETF

A number of institutional investors and hedge funds have recently made changes to their positions in AVUQ. True Wealth Design LLC acquired a new stake in shares of Avantis U.S. Quality ETF in the second quarter worth about $1,557,000. Legacy Financial Group Inc. acquired a new stake in shares of Avantis U.S. Quality ETF in the second quarter worth about $410,000. Finally, Cresset Asset Management LLC lifted its position in shares of Avantis U.S. Quality ETF by 516.4% in the second quarter. Cresset Asset Management LLC now owns 1,164,803 shares of the company’s stock worth $62,957,000 after buying an additional 975,843 shares during the last quarter.

Avantis U.S. Quality ETF Trading Down 0.4%

AVUQ opened at $59.51 on Friday. The firm has a market capitalization of $160.68 million and a PE ratio of 29.10. Avantis U.S. Quality ETF has a 1 year low of $43.33 and a 1 year high of $59.98. The company’s fifty day moving average price is $57.62.

Avantis U.S. Quality ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Tuesday, September 23rd were given a $0.0376 dividend. The ex-dividend date of this dividend was Tuesday, September 23rd. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.3%.

About Avantis U.S. Quality ETF

​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.