VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Large Increase in Short Interest

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 35,515 shares, a growth of 69.1% from the March 31st total of 21,002 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 186,328 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

Several institutional investors have recently made changes to their positions in the company. StoneX Group Inc. lifted its holdings in VictoryShares Short-Term Bond ETF by 3.8% during the 4th quarter. StoneX Group Inc. now owns 5,827 shares of the company’s stock valued at $296,000 after buying an additional 212 shares in the last quarter. Intrua Financial LLC lifted its holdings in VictoryShares Short-Term Bond ETF by 2.3% during the 4th quarter. Intrua Financial LLC now owns 9,653 shares of the company’s stock valued at $491,000 after buying an additional 214 shares in the last quarter. Private Trust Co. NA lifted its holdings in VictoryShares Short-Term Bond ETF by 25.5% during the 3rd quarter. Private Trust Co. NA now owns 1,454 shares of the company’s stock valued at $74,000 after buying an additional 295 shares in the last quarter. Axis Wealth Partners LLC lifted its holdings in VictoryShares Short-Term Bond ETF by 6.2% during the 3rd quarter. Axis Wealth Partners LLC now owns 5,229 shares of the company’s stock valued at $267,000 after buying an additional 303 shares in the last quarter. Finally, Advisory Services Network LLC lifted its holdings in VictoryShares Short-Term Bond ETF by 1.4% during the 4th quarter. Advisory Services Network LLC now owns 23,176 shares of the company’s stock valued at $1,178,000 after buying an additional 318 shares in the last quarter.

VictoryShares Short-Term Bond ETF Price Performance

Shares of VictoryShares Short-Term Bond ETF stock traded down $0.02 during trading on Tuesday, hitting $50.64. The stock had a trading volume of 5,957 shares, compared to its average volume of 232,414. The firm’s fifty day simple moving average is $50.74 and its 200-day simple moving average is $50.84. VictoryShares Short-Term Bond ETF has a 12 month low of $50.27 and a 12 month high of $51.12.

VictoryShares Short-Term Bond ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, April 10th. Stockholders of record on Thursday, April 9th were issued a $0.201 dividend. The ex-dividend date was Thursday, April 9th.

VictoryShares Short-Term Bond ETF Company Profile

The Victory Portfolios II VictoryShares Short-Term Bond ETF (USTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three years or less. USTB was launched on Oct 24, 2017 and is managed by VictoryShares.