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

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 106,575 shares, an increase of 115.1% from the April 30th total of 49,550 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 285,545 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On VictoryShares Short-Term Bond ETF

Large investors have recently made changes to their positions in the business. Western Wealth Management LLC acquired a new position in shares of VictoryShares Short-Term Bond ETF in the 1st quarter worth approximately $28,000. Sunbelt Securities Inc. bought a new stake in VictoryShares Short-Term Bond ETF during the third quarter worth approximately $30,000. JPMorgan Chase & Co. bought a new stake in VictoryShares Short-Term Bond ETF during the third quarter worth approximately $32,000. Global Retirement Partners LLC acquired a new position in VictoryShares Short-Term Bond ETF in the fourth quarter worth approximately $33,000. Finally, Aptus Capital Advisors LLC bought a new position in shares of VictoryShares Short-Term Bond ETF in the third quarter valued at $72,000.

VictoryShares Short-Term Bond ETF Price Performance

USTB opened at $50.66 on Monday. The stock’s fifty day moving average is $50.59 and its 200-day moving average is $50.79. VictoryShares Short-Term Bond ETF has a one year low of $50.40 and a one year high of $51.12.

VictoryShares Short-Term Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were given a $0.1836 dividend. The ex-dividend date was Friday, May 8th. This represents a c) annualized dividend and a yield of 4.3%.

VictoryShares Short-Term Bond ETF Company Profile

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.