VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Short Interest Update

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 22,805 shares, a decrease of 32.5% from the February 12th total of 33,777 shares. Based on an average trading volume of 150,837 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 150,837 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. StoneX Group Inc. lifted its position in shares of VictoryShares Short-Term Bond ETF by 3.8% during the 4th quarter. StoneX Group Inc. now owns 5,827 shares of the company’s stock valued at $296,000 after acquiring an additional 212 shares during the last quarter. Intrua Financial LLC grew its holdings in shares of VictoryShares Short-Term Bond ETF by 2.3% in the 4th quarter. Intrua Financial LLC now owns 9,653 shares of the company’s stock worth $491,000 after acquiring an additional 214 shares during the last quarter. M.E. Allison & CO. Inc. raised its position in shares of VictoryShares Short-Term Bond ETF by 3.5% during the third quarter. M.E. Allison & CO. Inc. now owns 7,673 shares of the company’s stock worth $391,000 after purchasing an additional 258 shares during the period. Private Trust Co. NA raised its position in shares of VictoryShares Short-Term Bond ETF by 25.5% during the third quarter. Private Trust Co. NA now owns 1,454 shares of the company’s stock worth $74,000 after purchasing an additional 295 shares during the period. Finally, Axis Wealth Partners LLC lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 6.2% during the third quarter. Axis Wealth Partners LLC now owns 5,229 shares of the company’s stock valued at $267,000 after purchasing an additional 303 shares during the last quarter.

VictoryShares Short-Term Bond ETF Stock Performance

NASDAQ:USTB opened at $50.65 on Friday. The company has a 50-day moving average of $50.94 and a 200-day moving average of $50.92. VictoryShares Short-Term Bond ETF has a twelve month low of $50.10 and a twelve month high of $51.12.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 11th. Investors of record on Tuesday, March 10th were issued a dividend of $0.1896 per share. The ex-dividend date was Tuesday, March 10th. This is a positive change from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18. This represents a c) dividend on an annualized basis and a yield of 4.5%.

About VictoryShares Short-Term Bond ETF

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.