VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Short Interest Up 228.6% in December

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 2,300 shares, an increase of 228.6% from the December 15th total of 700 shares. Based on an average daily trading volume, of 8,600 shares, the days-to-cover ratio is presently 0.3 days.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Up 1.5 %

Shares of USVM stock traded up $1.29 during trading on Wednesday, reaching $86.15. 1,702,172 shares of the company’s stock were exchanged, compared to its average volume of 518,300. The stock has a market capitalization of $292.91 million, a PE ratio of 11.30 and a beta of 1.11. The firm’s fifty day moving average price is $87.76 and its 200-day moving average price is $84.23. VictoryShares US Small Mid Cap Value Momentum ETF has a twelve month low of $70.69 and a twelve month high of $93.41.

VictoryShares US Small Mid Cap Value Momentum ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, January 8th were given a $0.0766 dividend. The ex-dividend date was Wednesday, January 8th.

About VictoryShares US Small Mid Cap Value Momentum ETF

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.