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

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 500 shares, a growth of 400.0% from the October 15th total of 100 shares. Based on an average daily volume of 10,000 shares, the days-to-cover ratio is currently 0.1 days.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance

Shares of NASDAQ VSMV traded down $0.12 during trading hours on Tuesday, reaching $49.91. 2,275 shares of the stock were exchanged, compared to its average volume of 10,076. The firm has a market capitalization of $134.76 million, a price-to-earnings ratio of 18.68 and a beta of 0.79. The stock’s fifty day simple moving average is $48.28 and its 200 day simple moving average is $46.61. VictoryShares US Multi-Factor Minimum Volatility ETF has a 52 week low of $40.18 and a 52 week high of $50.16.

VictoryShares US Multi-Factor Minimum Volatility ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, November 8th. Investors of record on Thursday, November 7th were given a dividend of $0.0205 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.49%. The ex-dividend date of this dividend was Thursday, November 7th.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VSMV. Cetera Advisors LLC acquired a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF during the first quarter worth about $260,000. Great Valley Advisor Group Inc. increased its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 18.2% in the second quarter. Great Valley Advisor Group Inc. now owns 346,153 shares of the company’s stock valued at $15,729,000 after acquiring an additional 53,373 shares during the last quarter. Tower Wealth Partners Inc. raised its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 2.3% during the second quarter. Tower Wealth Partners Inc. now owns 405,459 shares of the company’s stock valued at $18,424,000 after purchasing an additional 8,973 shares in the last quarter. Finally, Lindenwold Advisors INC raised its position in 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 valued at $270,000 after purchasing an additional 275 shares in the last quarter.

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.