Short Interest in VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Decreases By 35.5%
by Mitch Edgeman · The Markets DailyVictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND – Get Free Report) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 66,555 shares, a drop of 35.5% from the June 30th total of 103,116 shares. Based on an average trading volume of 546,239 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.
VictoryShares Core Plus Intermediate Bond ETF Stock Performance
UBND opened at $21.43 on Friday. VictoryShares Core Plus Intermediate Bond ETF has a 1 year low of $21.36 and a 1 year high of $22.41. The stock’s 50 day simple moving average is $21.61 and its 200-day simple moving average is $21.80.
VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend
The business also recently announced a dividend, which was paid on Friday, July 10th. Investors of record on Thursday, July 9th were given a dividend of $0.0906 per share. The ex-dividend date was Thursday, July 9th.
Institutional Trading of VictoryShares Core Plus Intermediate Bond ETF
A number of large investors have recently bought and sold shares of the stock. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF during the fourth quarter worth approximately $25,000. N.E.W. Advisory Services LLC acquired a new stake in VictoryShares Core Plus Intermediate Bond ETF during the 4th quarter valued at $26,000. Global Retirement Partners LLC bought a new position in VictoryShares Core Plus Intermediate Bond ETF in the 4th quarter valued at $33,000. Johnson Financial Group Inc. bought a new position in VictoryShares Core Plus Intermediate Bond ETF in the 1st quarter valued at $54,000. Finally, Comerica Bank boosted its stake in VictoryShares Core Plus Intermediate Bond ETF by 44.4% in the first quarter. Comerica Bank now owns 2,597 shares of the company’s stock worth $57,000 after purchasing an additional 799 shares in the last quarter.
VictoryShares Core Plus Intermediate Bond ETF Company Profile
The VictoryShares Core Plus Intermediate Bond ETF (UBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds intermediate-term bonds of any type and rating that exhibit positive ESG characteristics. UBND was launched on Oct 4, 2021 and is managed by VictoryShares.
Featured Stories
- Five stocks we like better than VictoryShares Core Plus Intermediate Bond ETF
- Quantum Earnings Could Decide Whether the Sector’s Sell-Off Has Gone Too Far
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending