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

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Strategic Blueprint LLC purchased a new stake in shares of Avantis U.S. Quality ETF during the 4th quarter worth about $15,710,000. Torren Management LLC grew its stake in shares of Avantis U.S. Quality ETF by 0.3% in the 1st quarter. Torren Management LLC now owns 194,083 shares of the company’s stock valued at $11,012,000 after buying an additional 615 shares in the last quarter. Legacy Financial Group Inc. grew its stake in shares of Avantis U.S. Quality ETF by 14.5% in the 1st quarter. Legacy Financial Group Inc. now owns 13,710 shares of the company’s stock valued at $778,000 after buying an additional 1,738 shares in the last quarter. Haven Private LLC acquired a new position in Avantis U.S. Quality ETF in the fourth quarter worth approximately $695,000. Finally, EnRich Financial Partners LLC acquired a new position in Avantis U.S. Quality ETF in the fourth quarter worth approximately $397,000.

Avantis U.S. Quality ETF Trading Up 0.3%

AVUQ stock traded up $0.22 during mid-day trading on Friday, hitting $67.29. 6,723 shares of the company were exchanged, compared to its average volume of 13,336. The firm has a fifty day simple moving average of $62.23 and a 200 day simple moving average of $60.80. The company has a market capitalization of $235.52 million, a PE ratio of 29.10 and a beta of 1.16. Avantis U.S. Quality ETF has a twelve month low of $50.82 and a twelve month high of $67.51.

Avantis U.S. Quality ETF Cuts Dividend

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

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.