Short Interest in VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Expands By 42.4%

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the recipient of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 20,458 shares, an increase of 42.4% from the January 15th total of 14,367 shares. Based on an average trading volume of 264,103 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 264,103 shares, the days-to-cover ratio is currently 0.1 days.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Performance

NASDAQ:USVM opened at $99.78 on Monday. VictoryShares US Small Mid Cap Value Momentum ETF has a 52 week low of $68.07 and a 52 week high of $101.26. The firm’s fifty day moving average is $95.15 and its 200-day moving average is $91.16. The firm has a market cap of $1.41 billion, a P/E ratio of 15.38 and a beta of 1.04.

VictoryShares US Small Mid Cap Value Momentum ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 10th. Shareholders of record on Monday, February 9th were paid a $0.1137 dividend. This represents a c) dividend on an annualized basis and a yield of 1.4%. This is a boost from VictoryShares US Small Mid Cap Value Momentum ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Monday, February 9th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Nova Wealth Management Inc. increased its holdings in VictoryShares US Small Mid Cap Value Momentum ETF by 5.3% during the 4th quarter. Nova Wealth Management Inc. now owns 4,410 shares of the company’s stock worth $403,000 after purchasing an additional 222 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in VictoryShares US Small Mid Cap Value Momentum ETF by 3,759.8% during the third quarter. JPMorgan Chase & Co. now owns 3,937 shares of the company’s stock worth $357,000 after buying an additional 3,835 shares in the last quarter. Finally, Bessemer Group Inc. purchased a new stake in VictoryShares US Small Mid Cap Value Momentum ETF in the 2nd quarter valued at $94,000.

VictoryShares US Small Mid Cap Value Momentum ETF Company Profile

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.