VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Short Interest Up 54.0% in October

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 96,100 shares, a growth of 54.0% from the October 15th total of 62,400 shares. Based on an average daily volume of 86,800 shares, the short-interest ratio is currently 1.1 days.

VictoryShares Short-Term Bond ETF Stock Up 0.1 %

Shares of VictoryShares Short-Term Bond ETF stock traded up $0.03 during trading hours on Friday, reaching $50.23. 44,846 shares of the company were exchanged, compared to its average volume of 71,413. VictoryShares Short-Term Bond ETF has a 1 year low of $48.83 and a 1 year high of $50.92. The stock’s fifty day moving average is $50.56 and its 200 day moving average is $50.20.

VictoryShares Short-Term Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were issued a $0.2103 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $2.52 annualized dividend and a dividend yield of 5.02%.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. SageView Advisory Group LLC boosted its stake in shares of VictoryShares Short-Term Bond ETF by 47.6% during the first quarter. SageView Advisory Group LLC now owns 6,115 shares of the company’s stock valued at $305,000 after acquiring an additional 1,973 shares during the last quarter. Waverly Advisors LLC purchased a new stake in VictoryShares Short-Term Bond ETF in the 1st quarter worth approximately $11,970,000. Atria Investments Inc raised its holdings in VictoryShares Short-Term Bond ETF by 5.0% in the 1st quarter. Atria Investments Inc now owns 251,579 shares of the company’s stock valued at $12,536,000 after acquiring an additional 11,972 shares during the last quarter. Cetera Investment Advisers purchased a new position in shares of VictoryShares Short-Term Bond ETF during the 1st quarter worth $1,910,000. Finally, Cetera Advisors LLC boosted its holdings in shares of VictoryShares Short-Term Bond ETF by 357.1% during the first quarter. Cetera Advisors LLC now owns 37,725 shares of the company’s stock worth $1,880,000 after purchasing an additional 29,472 shares during the last quarter.

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.