VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Update

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totalling 100 shares, a decrease of 80.0% from the September 30th total of 500 shares. Based on an average trading volume of 10,600 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On VictoryShares US Multi-Factor Minimum Volatility ETF

A number of large investors have recently made changes to their positions in VSMV. Tower Wealth Partners Inc. boosted its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 1.2% in the first quarter. Tower Wealth Partners Inc. now owns 396,486 shares of the company’s stock valued at $17,937,000 after buying an additional 4,677 shares during the last quarter. Cetera Advisors LLC acquired a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the 1st quarter valued at about $260,000. Finally, Great Valley Advisor Group Inc. grew its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 18.2% during the second quarter. Great Valley Advisor Group Inc. now owns 346,153 shares of the company’s stock worth $15,729,000 after acquiring an additional 53,373 shares during the period.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Down 0.3 %

Shares of VictoryShares US Multi-Factor Minimum Volatility ETF stock traded down $0.15 during midday trading on Friday, hitting $48.40. The company had a trading volume of 1,259 shares, compared to its average volume of 9,760. The stock has a market cap of $125.85 million, a price-to-earnings ratio of 18.68 and a beta of 0.79. VictoryShares US Multi-Factor Minimum Volatility ETF has a 12-month low of $38.44 and a 12-month high of $49.20. The company has a fifty day simple moving average of $48.09 and a 200 day simple moving average of $46.14.

VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Tuesday, October 8th were issued a $0.0482 dividend. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 1.19%.

About VictoryShares US Multi-Factor Minimum Volatility ETF

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.