VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Up 425.0% in January

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 2,100 shares, an increase of 425.0% from the December 31st total of 400 shares. Based on an average daily trading volume, of 11,700 shares, the short-interest ratio is currently 0.2 days.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance

VSMV traded down $0.23 during trading on Friday, hitting $49.17. The stock had a trading volume of 3,160 shares, compared to its average volume of 9,858. VictoryShares US Multi-Factor Minimum Volatility ETF has a twelve month low of $42.82 and a twelve month high of $50.71. The company’s 50-day moving average price is $49.11 and its 200 day moving average price is $48.30. The firm has a market capitalization of $113.09 million, a P/E ratio of 18.68 and a beta of 0.79.

VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, January 8th were paid a dividend of $0.0116 per share. The ex-dividend date of this dividend was Wednesday, January 8th.

Institutional Trading of VictoryShares US Multi-Factor Minimum Volatility ETF

A hedge fund recently raised its stake in VictoryShares US Multi-Factor Minimum Volatility ETF stock. Lindenwold Advisors INC boosted its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) by 5.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,548 shares of the company’s stock after buying an additional 275 shares during the quarter. Lindenwold Advisors INC owned 0.21% of VictoryShares US Multi-Factor Minimum Volatility ETF worth $270,000 as of its most recent filing with the Securities and Exchange Commission.

VictoryShares US Multi-Factor Minimum Volatility ETF Company Profile

The VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks, selected and weighted based on multiple factors. ETF optimization and constraints are used in order to minimize volatility.