VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Significant Growth in Short Interest

by · The Cerbat Gem

VictoryShares Short-Term Bond ETF (NASDAQ:USTB – Get Free Report) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 52,400 shares, an increase of 73.5% from the November 30th total of 30,200 shares. Based on an average trading volume of 103,500 shares, the short-interest ratio is presently 0.5 days.

VictoryShares Short-Term Bond ETF Stock Up 0.1 %

USTB stock opened at $50.13 on Friday. VictoryShares Short-Term Bond ETF has a 12 month low of $49.29 and a 12 month high of $50.92. The firm’s fifty day simple moving average is $50.33 and its 200-day simple moving average is $50.33.

VictoryShares Short-Term Bond ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, December 12th were issued a $0.3598 dividend. The ex-dividend date was Thursday, December 12th.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in USTB. Fortitude Family Office LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF in the third quarter worth about $91,000. Octavia Wealth Advisors LLC purchased a new position in VictoryShares Short-Term Bond ETF during the third quarter valued at approximately $221,000. Burt Wealth Advisors lifted its holdings in VictoryShares Short-Term Bond ETF by 5.3% in the third quarter. Burt Wealth Advisors now owns 7,010 shares of the company’s stock valued at $356,000 after acquiring an additional 350 shares during the period. Private Client Services LLC purchased a new stake in VictoryShares Short-Term Bond ETF in the 3rd quarter worth approximately $404,000. Finally, Squire Investment Management Company LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter worth approximately $431,000.

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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