Avantis U.S. Quality ETF (NASDAQ:AVUQ) Short Interest Down 79.1% in June

Avantis U.S. Quality ETF (NASDAQ:AVUQ) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 3,480 shares, a decrease of 79.1% from the May 31st total of 16,617 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 33,897 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Avantis U.S. Quality ETF

Several large investors have recently added to or reduced their stakes in the business. Sankala Group LLC bought a new position in Avantis U.S. Quality ETF in the fourth quarter worth approximately $48,000. Plancorp LLC increased 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 worth $240,000 after purchasing an additional 400 shares in the last quarter. Citadel Advisors LLC bought a new position in Avantis U.S. Quality ETF in the 3rd quarter worth $298,000. EnRich Financial Partners LLC bought a new position in Avantis U.S. Quality ETF in the 4th quarter worth $397,000. Finally, Haven Private LLC purchased a new position in Avantis U.S. Quality ETF during the fourth quarter valued at $695,000.

Avantis U.S. Quality ETF Trading Up 0.3%

AVUQ stock traded up $0.18 during trading on Friday, reaching $64.10. The stock had a trading volume of 39,823 shares, compared to its average volume of 15,849. The firm has a market cap of $224.35 million, a PE ratio of 29.10 and a beta of 1.15. The stock’s 50 day moving average is $65.19 and its two-hundred day moving average is $61.63. Avantis U.S. Quality ETF has a 52 week low of $53.45 and a 52 week high of $67.78.

Avantis U.S. Quality ETF Increases Dividend

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

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.