Short Interest in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Decreases By 40.5%

by · The Cerbat Gem

VictoryShares Short-Term Bond ETF (NASDAQ:USTB – Get Free Report) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 62,400 shares, a decrease of 40.5% from the September 30th total of 104,800 shares. Based on an average daily trading volume, of 79,900 shares, the short-interest ratio is currently 0.8 days.

VictoryShares Short-Term Bond ETF Stock Up 0.0 %

VictoryShares Short-Term Bond ETF stock traded up $0.01 during mid-day trading on Monday, reaching $50.42. 128,831 shares of the company were exchanged, compared to its average volume of 69,416. The business has a fifty day moving average of $50.62 and a 200 day moving average of $50.12. VictoryShares Short-Term Bond ETF has a 12-month low of $48.51 and a 12-month high of $50.92.

VictoryShares Short-Term Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Tuesday, October 8th were issued a dividend of $0.1687 per share. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $2.02 dividend on an annualized basis and a yield of 4.01%.

Institutional Trading of VictoryShares Short-Term Bond ETF

A number of hedge funds have recently bought and sold shares of USTB. Commonwealth Equity Services LLC purchased a new stake in VictoryShares Short-Term Bond ETF during the first quarter worth $4,216,000. Mainstay Capital Management LLC ADV purchased a new stake in shares of VictoryShares Short-Term Bond ETF during the 1st quarter valued at $340,000. Hartline Investment Corp purchased a new stake in shares of VictoryShares Short-Term Bond ETF during the 1st quarter valued at $1,218,000. Private Advisor Group LLC lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 202.1% during the 1st quarter. Private Advisor Group LLC now owns 36,313 shares of the company’s stock valued at $1,809,000 after purchasing an additional 24,292 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 9.0% during the 1st quarter. Concourse Financial Group Securities Inc. now owns 18,745 shares of the company’s stock valued at $934,000 after purchasing an additional 1,554 shares during the last quarter.

About VictoryShares Short-Term Bond ETF

(Get Free Report)

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.

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