VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Short Interest Up 42.8% in January

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 69,430 shares, an increase of 42.8% from the December 31st total of 48,623 shares. Based on an average daily trading volume, of 341,470 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 341,470 shares, the days-to-cover ratio is currently 0.2 days.

VictoryShares Short-Term Bond ETF Trading Up 0.1%

Shares of VictoryShares Short-Term Bond ETF stock opened at $51.00 on Friday. VictoryShares Short-Term Bond ETF has a twelve month low of $50.10 and a twelve month high of $51.12. The business’s 50 day simple moving average is $50.87 and its 200-day simple moving average is $50.88.

VictoryShares Short-Term Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 9th. Stockholders of record on Thursday, January 8th were paid a $0.0341 dividend. The ex-dividend date of this dividend was Thursday, January 8th. This represents a c) annualized dividend and a dividend yield of 0.8%.

Hedge Funds Weigh In On VictoryShares Short-Term Bond ETF

Large investors have recently bought and sold shares of the stock. Sunbelt Securities Inc. bought a new position in shares of VictoryShares Short-Term Bond ETF in the third quarter valued at approximately $30,000. JPMorgan Chase & Co. acquired a new stake in VictoryShares Short-Term Bond ETF in the third quarter worth approximately $32,000. Aptus Capital Advisors LLC acquired a new stake in VictoryShares Short-Term Bond ETF in the third quarter worth approximately $72,000. Private Trust Co. NA boosted its stake 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 purchasing an additional 295 shares in the last quarter. Finally, Cullen Frost Bankers Inc. acquired a new position in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter valued at $143,000.

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.