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

Avantis U.S. Quality ETF (NASDAQ:AVUQ) was the recipient of a significant decrease in short interest in 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. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 33,897 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Avantis U.S. Quality ETF

A number of large investors have recently made changes to their positions in the stock. Sankala Group LLC bought a new position in Avantis U.S. Quality ETF during the fourth quarter valued at approximately $48,000. Plancorp LLC raised its stake in Avantis U.S. Quality ETF by 11.1% during 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 during the last quarter. Citadel Advisors LLC purchased a new stake in Avantis U.S. Quality ETF during the 3rd quarter valued at $298,000. EnRich Financial Partners LLC bought a new position in shares of Avantis U.S. Quality ETF during the 4th quarter valued at $397,000. Finally, Haven Private LLC bought a new position in shares of Avantis U.S. Quality ETF during the 4th quarter valued at $695,000.

Avantis U.S. Quality ETF Price Performance

Shares of Avantis U.S. Quality ETF stock traded up $0.18 during trading on Friday, hitting $64.10. 39,823 shares of the company’s stock traded hands, compared to its average volume of 15,849. Avantis U.S. Quality ETF has a 1 year low of $53.45 and a 1 year high of $67.78. The business has a 50-day simple moving average of $65.19 and a 200-day simple moving average of $61.63. The stock has a market capitalization of $224.35 million, a P/E ratio of 29.10 and a beta of 1.15.

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. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Tuesday, June 9th. This is a boost from Avantis U.S. Quality ETF’s previous quarterly dividend of $0.04.

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.