Short Interest in Avantis U.S. Quality ETF (NASDAQ:AVUQ) Decreases By 46.9%

Avantis U.S. Quality ETF (NASDAQ:AVUQ – Get Free Report) was the target of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 20,704 shares, a decline of 46.9% from the July 30th total of 38,993 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 21,286 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Sankala Group LLC bought a new stake in shares of Avantis U.S. Quality ETF during the fourth quarter valued at about $48,000. Plancorp LLC lifted its holdings in Avantis U.S. Quality ETF by 11.1% in the fourth quarter. Plancorp LLC now owns 3,995 shares of the company’s stock worth $240,000 after purchasing an additional 400 shares during the period. Citadel Advisors LLC bought a new position in Avantis U.S. Quality ETF in the 3rd quarter valued at about $298,000. Orion Capital Management LLC grew its position in Avantis U.S. Quality ETF by 24,600.0% in the 2nd quarter. Orion Capital Management LLC now owns 4,940 shares of the company’s stock valued at $326,000 after buying an additional 4,920 shares in the last quarter. Finally, Haven Private LLC acquired a new position in Avantis U.S. Quality ETF during the 4th quarter valued at about $695,000.

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Avantis U.S. Quality ETF Price Performance

Shares of AVUQ stock opened at $67.03 on Monday. Avantis U.S. Quality ETF has a 12-month low of $54.65 and a 12-month high of $68.38. The firm has a market capitalization of $294.93 million, a price-to-earnings ratio of 29.10 and a beta of 1.16. The business has a 50 day simple moving average of $66.15 and a 200 day simple moving average of $63.45.

Avantis U.S. Quality ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Tuesday, June 9th were given a dividend of $0.0652 per share. 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 dividend on an annualized basis and a yield of 0.4%.

Avantis U.S. Quality ETF Company Profile

(Get Free Report)

​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.

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