VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Sees Large Increase in Short Interest

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 41,000 shares, a growth of 360.7% from the November 30th total of 8,900 shares. Based on an average daily volume of 154,300 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Morton Brown Family Wealth LLC purchased a new position in VictoryShares Core Intermediate Bond ETF during the 2nd quarter valued at about $30,000. Harbour Investments Inc. grew its holdings in shares of VictoryShares Core Intermediate Bond ETF by 7,720.9% in the second quarter. Harbour Investments Inc. now owns 3,363 shares of the company’s stock valued at $155,000 after purchasing an additional 3,320 shares in the last quarter. Raymond James Trust N.A. purchased a new stake in VictoryShares Core Intermediate Bond ETF during the 2nd quarter worth approximately $205,000. Princeton Global Asset Management LLC acquired a new stake in VictoryShares Core Intermediate Bond ETF during the 3rd quarter worth approximately $292,000. Finally, Avaii Wealth Management LLC boosted its position in VictoryShares Core Intermediate Bond ETF by 25.6% in the 3rd quarter. Avaii Wealth Management LLC now owns 6,979 shares of the company’s stock valued at $334,000 after buying an additional 1,422 shares during the period.

VictoryShares Core Intermediate Bond ETF Trading Down 0.2 %

UITB stock traded down $0.10 during mid-day trading on Friday, hitting $45.83. 181,106 shares of the company were exchanged, compared to its average volume of 140,905. The business has a fifty day simple moving average of $46.54 and a 200-day simple moving average of $46.94. VictoryShares Core Intermediate Bond ETF has a 12-month low of $45.00 and a 12-month high of $48.31.

VictoryShares Core Intermediate Bond ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, December 12th were issued a $0.2843 dividend. The ex-dividend date of this dividend was Thursday, December 12th.

About VictoryShares Core Intermediate Bond ETF

The Victory Portfolios II VictoryShares Core Intermediate Bond ETF (UITB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three to ten years. UITB was launched on Oct 24, 2017 and is managed by VictoryShares.