Short Interest in VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Rises By 6,900.0%

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 14,000 shares, a growth of 6,900.0% from the March 31st total of 200 shares. Based on an average daily volume of 7,800 shares, the short-interest ratio is presently 1.8 days.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Up 0.8 %

Shares of USVM stock traded up $0.58 during trading hours on Friday, reaching $76.65. 2,590 shares of the company’s stock were exchanged, compared to its average volume of 11,275. VictoryShares US Small Mid Cap Value Momentum ETF has a fifty-two week low of $60.66 and a fifty-two week high of $80.37. The stock has a market capitalization of $218.45 million, a P/E ratio of 11.16 and a beta of 1.11. The business has a fifty day moving average price of $76.96 and a 200-day moving average price of $71.74.

VictoryShares US Small Mid Cap Value Momentum ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, April 12th were issued a $0.2019 dividend. This represents a $2.42 dividend on an annualized basis and a yield of 3.16%. The ex-dividend date of this dividend was Thursday, April 11th.

VictoryShares US Small Mid Cap Value Momentum ETF Company Profile

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.