VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Stock Short Interest Jumps 83.6%

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 24,029 shares, an increase of 83.6% from the September 15th total of 13,090 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 274,797 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of VictoryShares Core Intermediate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in UITB. Bogart Wealth LLC increased its holdings in shares of VictoryShares Core Intermediate Bond ETF by 3.6% in the first quarter. Bogart Wealth LLC now owns 2,060,745 shares of the company’s stock worth $96,890,000 after purchasing an additional 70,918 shares during the period. Bank of America Corp DE increased its stake in VictoryShares Core Intermediate Bond ETF by 6.2% in the 1st quarter. Bank of America Corp DE now owns 1,396,762 shares of the company’s stock worth $65,672,000 after acquiring an additional 82,026 shares during the last quarter. Calamos Advisors LLC raised its holdings in shares of VictoryShares Core Intermediate Bond ETF by 2,378.1% in the 1st quarter. Calamos Advisors LLC now owns 1,333,192 shares of the company’s stock valued at $62,683,000 after acquiring an additional 1,279,392 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of VictoryShares Core Intermediate Bond ETF by 7.7% in the 1st quarter. Cetera Investment Advisers now owns 1,283,225 shares of the company’s stock valued at $60,333,000 after acquiring an additional 92,074 shares in the last quarter. Finally, Calamos Wealth Management LLC boosted its position in shares of VictoryShares Core Intermediate Bond ETF by 11.4% during the 1st quarter. Calamos Wealth Management LLC now owns 1,273,569 shares of the company’s stock valued at $59,879,000 after acquiring an additional 130,642 shares during the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Down 0.1%

NASDAQ:UITB traded down $0.06 during trading on Friday, reaching $44.97. The company’s stock had a trading volume of 178,239 shares, compared to its average volume of 185,532. VictoryShares Core Intermediate Bond ETF has a 12 month low of $44.48 and a 12 month high of $48.06. The firm has a 50 day moving average of $45.51 and a 200-day moving average of $46.28.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 8th were given a $0.1861 dividend. This represents a $2.23 annualized dividend and a dividend yield of 5.0%. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.1657. The ex-dividend date of this dividend was Thursday, October 8th.

VictoryShares Core Intermediate Bond ETF Company Profile

The Victory Portfolios II VictoryShares Core Intermediate Bond ETF (UITB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three to ten years. UITB was launched on Oct 24, 2017 and is managed by VictoryShares.