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

Avantis U.S. Quality ETF (NASDAQ:AVUQ) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 17,824 shares, a drop of 66.0% from the April 30th total of 52,394 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily volume of 25,627 shares, the days-to-cover ratio is currently 0.7 days.

Avantis U.S. Quality ETF Price Performance

NASDAQ:AVUQ traded up $0.22 during trading hours on Friday, reaching $67.29. The company’s stock had a trading volume of 6,723 shares, compared to its average volume of 13,336. The company has a market cap of $235.52 million, a price-to-earnings ratio of 29.10 and a beta of 1.16. Avantis U.S. Quality ETF has a one year low of $50.82 and a one year high of $67.51. The business’s 50-day moving average is $62.23 and its 200-day moving average is $60.80.

Avantis U.S. Quality ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Tuesday, March 10th were paid a $0.0408 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Tuesday, March 10th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Strategic Blueprint LLC acquired a new position in Avantis U.S. Quality ETF during the 4th quarter worth $15,710,000. Torren Management LLC acquired a new stake in shares of Avantis U.S. Quality ETF in the fourth quarter valued at about $11,641,000. Haven Private LLC acquired a new stake in shares of Avantis U.S. Quality ETF in the fourth quarter valued at about $695,000. EnRich Financial Partners LLC bought a new position in shares of Avantis U.S. Quality ETF in the fourth quarter worth about $397,000. Finally, Citadel Advisors LLC bought a new position in shares of Avantis U.S. Quality ETF in the third quarter worth about $298,000.

Avantis U.S. Quality ETF Company Profile

?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.