VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Update

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 160,700 shares, a growth of 422.8% from the April 30th total of 30,738 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 114,608 shares, the days-to-cover ratio is currently 1.4 days.

VictoryShares Core Intermediate Bond ETF Trading Up 0.1%

Shares of UITB stock traded up $0.06 during trading hours on Friday, hitting $46.87. 93,702 shares of the company’s stock were exchanged, compared to its average volume of 188,394. VictoryShares Core Intermediate Bond ETF has a 12-month low of $46.12 and a 12-month high of $48.06. The business’s 50 day simple moving average is $46.87 and its 200-day simple moving average is $47.28.

VictoryShares Core Intermediate Bond ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were paid a dividend of $0.1628 per share. The ex-dividend date of this dividend was Friday, May 8th.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in UITB. Royal Bank of Canada increased its stake in shares of VictoryShares Core Intermediate Bond ETF by 6.8% in the first quarter. Royal Bank of Canada now owns 160,514 shares of the company’s stock worth $7,535,000 after buying an additional 10,286 shares during the period. AQR Capital Management LLC purchased a new position in shares of VictoryShares Core Intermediate Bond ETF in the first quarter worth $333,000. JPMorgan Chase & Co. increased its stake in shares of VictoryShares Core Intermediate Bond ETF by 2.0% in the second quarter. JPMorgan Chase & Co. now owns 136,331 shares of the company’s stock worth $6,417,000 after buying an additional 2,648 shares during the period. Raymond James Financial Inc. increased its stake in shares of VictoryShares Core Intermediate Bond ETF by 6.2% in the second quarter. Raymond James Financial Inc. now owns 993,575 shares of the company’s stock worth $46,768,000 after buying an additional 58,257 shares during the period. Finally, Bank of America Corp DE increased its position in VictoryShares Core Intermediate Bond ETF by 26.2% during the 2nd quarter. Bank of America Corp DE now owns 1,108,736 shares of the company’s stock valued at $52,188,000 after purchasing an additional 230,144 shares during the period.

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.