VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Up 315.8% in February

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the recipient of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 7,900 shares, a growth of 315.8% from the February 13th total of 1,900 shares. Based on an average daily volume of 9,700 shares, the short-interest ratio is presently 0.8 days. Currently, 0.3% of the company’s stock are sold short.

Hedge Funds Weigh In On VictoryShares US Multi-Factor Minimum Volatility ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Lindenwold Advisors INC lifted its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 5.2% during the third quarter. Lindenwold Advisors INC now owns 5,548 shares of the company’s stock worth $270,000 after buying an additional 275 shares during the period. Legacy Solutions LLC acquired a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF during the 4th quarter worth about $299,000. Cetera Investment Advisers grew its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 15.8% during the 4th quarter. Cetera Investment Advisers now owns 6,667 shares of the company’s stock valued at $320,000 after purchasing an additional 912 shares during the last quarter. Jane Street Group LLC purchased a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF during the 3rd quarter valued at about $324,000. Finally, Independent Advisor Alliance acquired a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the fourth quarter valued at about $496,000.

VictoryShares US Multi-Factor Minimum Volatility ETF Trading Up 1.5 %

Shares of NASDAQ VSMV opened at $47.58 on Friday. VictoryShares US Multi-Factor Minimum Volatility ETF has a 12-month low of $42.82 and a 12-month high of $50.71. The stock’s fifty day simple moving average is $48.86 and its two-hundred day simple moving average is $48.77. The stock has a market capitalization of $109.43 million, a PE ratio of 21.25 and a beta of 0.77.

VictoryShares US Multi-Factor Minimum Volatility ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, March 10th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Monday, March 10th. This is a positive change from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous dividend of $0.03.

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.