VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Short Interest Update

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 35,700 shares, a decrease of 31.9% from the December 15th total of 52,400 shares. Based on an average daily volume of 108,900 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

A number of large investors have recently added to or reduced their stakes in the business. Fortitude Family Office LLC bought a new stake in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter worth about $91,000. Octavia Wealth Advisors LLC acquired a new position in VictoryShares Short-Term Bond ETF in the third quarter valued at about $221,000. Burt Wealth Advisors lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 5.3% during the 3rd quarter. Burt Wealth Advisors now owns 7,010 shares of the company’s stock worth $356,000 after acquiring an additional 350 shares during the period. Private Client Services LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter valued at $404,000. Finally, Squire Investment Management Company LLC acquired a new stake in VictoryShares Short-Term Bond ETF in the third quarter valued at about $431,000.

VictoryShares Short-Term Bond ETF Trading Down 0.0 %

NASDAQ:USTB traded down $0.02 during mid-day trading on Thursday, hitting $50.20. The stock had a trading volume of 5,959 shares, compared to its average volume of 78,290. VictoryShares Short-Term Bond ETF has a twelve month low of $49.29 and a twelve month high of $50.92. The company’s 50 day simple moving average is $50.26 and its 200 day simple moving average is $50.37.

VictoryShares Short-Term Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, January 8th were paid a dividend of $0.0439 per share. The ex-dividend date was Wednesday, January 8th.

VictoryShares Short-Term Bond ETF Company Profile

The Victory Portfolios II VictoryShares Short-Term Bond ETF (USTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three years or less. USTB was launched on Oct 24, 2017 and is managed by VictoryShares.