Short Interest in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Grows By 168.1%

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 184,313 shares, an increase of 168.1% from the July 15th total of 68,750 shares. Based on an average trading volume of 151,684 shares, the short-interest ratio is currently 1.2 days. Approximately 0.3% of the company’s stock are sold short.

VictoryShares Core Intermediate Bond ETF Trading Up 0.2%

NASDAQ UITB opened at $46.22 on Friday. The business’s fifty day moving average is $46.48 and its 200-day moving average is $46.91. VictoryShares Core Intermediate Bond ETF has a one year low of $46.01 and a one year high of $48.06.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were given a dividend of $0.1612 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, August 7th.

Hedge Funds Weigh In On VictoryShares Core Intermediate Bond ETF

A number of large investors have recently made changes to their positions in UITB. Calamos Advisors LLC boosted its stake in VictoryShares Core Intermediate Bond ETF by 2,378.1% during the first quarter. Calamos Advisors LLC now owns 1,333,192 shares of the company’s stock valued at $62,683,000 after buying an additional 1,279,392 shares during the period. Orion Porfolio Solutions LLC grew its stake in VictoryShares Core Intermediate Bond ETF by 5,030.8% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 700,609 shares of the company’s stock worth $32,978,000 after buying an additional 686,954 shares in the last quarter. Blue Water Asset Management bought a new position in shares of VictoryShares Core Intermediate Bond ETF in the 4th quarter worth $19,596,000. Crusonia Wealth Advisors LLC bought a new position in shares of VictoryShares Core Intermediate Bond ETF in the 4th quarter worth $16,355,000. Finally, Sanctuary Advisors LLC raised its position in shares of VictoryShares Core Intermediate Bond ETF by 1,662.8% during the 4th quarter. Sanctuary Advisors LLC now owns 304,355 shares of the company’s stock valued at $14,413,000 after buying an additional 287,090 shares in the last quarter.

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.