VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Shares Shorted: Short Interest Down 44.7% in October

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 28,493 shares, a drop of 44.7% from the September 30th total of 51,533 shares. Based on an average trading volume of 82,429 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Trading of VictoryShares US Small Mid Cap Value Momentum ETF

An institutional investor recently raised its stake in VictoryShares US Small Mid Cap Value Momentum ETF stock. Capital Square LLC increased its holdings in shares of VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) by 5.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,587 shares of the company’s stock after buying an additional 140 shares during the period. Capital Square LLC’s holdings in VictoryShares US Small Mid Cap Value Momentum ETF were worth $267,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

VictoryShares US Small Mid Cap Value Momentum ETF Stock Performance

Shares of VictoryShares US Small Mid Cap Value Momentum ETF stock traded down $0.79 on Friday, hitting $106.37. The company’s stock had a trading volume of 43,826 shares, compared to its average volume of 60,316. VictoryShares US Small Mid Cap Value Momentum ETF has a 1 year low of $86.52 and a 1 year high of $112.66. The firm has a fifty day moving average price of $105.98 and a 200-day moving average price of $103.41. The company has a market capitalization of $1.84 billion, a price-to-earnings ratio of 15.38 and a beta of 1.00.

VictoryShares US Small Mid Cap Value Momentum ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 9th. Shareholders of record on Thursday, October 8th were issued a $0.2459 dividend. The ex-dividend date of this dividend was Thursday, October 8th. This is an increase from VictoryShares US Small Mid Cap Value Momentum ETF’s previous monthly dividend of $0.1882. This represents a $2.95 annualized dividend and a yield of 2.8%.

About VictoryShares US Small Mid Cap Value Momentum ETF

The VictoryShares US Small Mid Cap Value Momentum ETF (USVM) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index of small- and mid-cap US stocks that are selected by equal parts value and momentum, and weighted by volatility. USVM was launched on Oct 24, 2017 and is managed by VictoryShares.