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

by · The Cerbat Gem

Avantis U.S. Quality ETF (NASDAQ:AVUQ – Get Free Report) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 32,590 shares, a growth of 836.5% from the June 15th total of 3,480 shares. Based on an average daily volume of 27,576 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.8% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Plancorp LLC raised its holdings 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 worth $240,000 after purchasing an additional 400 shares during the last quarter. Torren Management LLC raised its holdings in Avantis U.S. Quality ETF by 0.6% in the second quarter. Torren Management LLC now owns 195,207 shares of the company’s stock worth $12,884,000 after purchasing an additional 1,124 shares during the period. EnRich Financial Partners LLC acquired a new stake in Avantis U.S. Quality ETF during the 4th quarter worth $397,000. Haven Private LLC acquired a new stake in shares of Avantis U.S. Quality ETF during the fourth quarter worth about $695,000. Finally, Citadel Advisors LLC acquired a new stake in Avantis U.S. Quality ETF during the 3rd quarter worth approximately $298,000.

Avantis U.S. Quality ETF Stock Performance

Shares of NASDAQ AVUQ traded up $0.38 during midday trading on Friday, hitting $66.74. The company’s stock had a trading volume of 7,705 shares, compared to its average volume of 16,305. The firm has a market cap of $280.31 million, a P/E ratio of 29.10 and a beta of 1.16. The firm’s fifty day moving average price is $65.66 and its 200-day moving average price is $62.04. Avantis U.S. Quality ETF has a 1-year low of $54.56 and a 1-year high of $67.78.

Avantis U.S. Quality ETF Increases Dividend

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

About Avantis U.S. Quality ETF

(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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