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

Avantis U.S. Quality ETF (NASDAQ:AVUQ) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 20,704 shares, a drop of 46.9% from the July 30th total of 38,993 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 21,286 shares, the short-interest ratio is presently 1.0 days.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of AVUQ. Sankala Group LLC acquired a new position in shares of Avantis U.S. Quality ETF in the 4th quarter worth approximately $48,000. Plancorp LLC increased its holdings 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 valued at $240,000 after acquiring an additional 400 shares during the last quarter. Orion Capital Management LLC raised its position in shares of Avantis U.S. Quality ETF by 24,600.0% during the 2nd quarter. Orion Capital Management LLC now owns 4,940 shares of the company’s stock valued at $326,000 after acquiring an additional 4,920 shares in the last quarter. Citadel Advisors LLC acquired a new stake in shares of Avantis U.S. Quality ETF during the 3rd quarter valued at approximately $298,000. Finally, Haven Private LLC bought a new position in Avantis U.S. Quality ETF during the fourth quarter worth $695,000.

Avantis U.S. Quality ETF Stock Performance

Shares of Avantis U.S. Quality ETF stock traded down $0.28 during trading on Friday, reaching $67.03. The company had a trading volume of 2,701 shares, compared to its average volume of 19,194. The company has a market cap of $294.93 million, a price-to-earnings ratio of 29.10 and a beta of 1.16. The firm’s fifty day moving average is $66.15 and its 200-day moving average is $63.43. Avantis U.S. Quality ETF has a fifty-two week low of $54.65 and a fifty-two week high of $68.38.

Avantis U.S. Quality ETF Increases Dividend

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

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.