VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM – Get Free Report) saw a significant decline in short interest in the month of August. As of August 15th, there was short interest totalling 1,900 shares, a decline of 59.6% from the July 31st total of 4,700 shares. Based on an average daily trading volume, of 11,000 shares, the days-to-cover ratio is currently 0.2 days.
VictoryShares US Small Mid Cap Value Momentum ETF Stock Down 0.3 %
Shares of USVM stock traded down $0.27 during mid-day trading on Wednesday, reaching $83.03. The company’s stock had a trading volume of 4,029 shares, compared to its average volume of 10,489. The company’s 50 day simple moving average is $79.99 and its 200-day simple moving average is $78.29. VictoryShares US Small Mid Cap Value Momentum ETF has a 12-month low of $60.66 and a 12-month high of $85.62. The firm has a market capitalization of $244.94 million, a PE ratio of 11.30 and a beta of 1.11.
VictoryShares US Small Mid Cap Value Momentum ETF Increases Dividend
The business also recently disclosed a monthly dividend, which was paid on Friday, August 9th. Shareholders of record on Thursday, August 8th were paid a dividend of $0.26 per share. This represents a $3.12 dividend on an annualized basis and a dividend yield of 3.76%. The ex-dividend date of this dividend was Thursday, August 8th. This is a boost from VictoryShares US Small Mid Cap Value Momentum ETF’s previous monthly dividend of $0.12.
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.
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