VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Short Interest Up 250.0% in June

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totalling 5,600 shares, an increase of 250.0% from the May 31st total of 1,600 shares. Based on an average daily trading volume, of 5,900 shares, the short-interest ratio is currently 0.9 days.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Performance

USVM traded up $0.89 on Friday, hitting $77.98. 412 shares of the company were exchanged, compared to its average volume of 8,926. The business’s fifty day moving average is $77.87 and its 200 day moving average is $75.90. VictoryShares US Small Mid Cap Value Momentum ETF has a fifty-two week low of $60.66 and a fifty-two week high of $80.39. The firm has a market capitalization of $226.14 million, a P/E ratio of 11.30 and a beta of 1.11.

VictoryShares US Small Mid Cap Value Momentum ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 13th. Investors of record on Wednesday, June 12th were paid a $0.0944 dividend. This represents a $1.13 annualized dividend and a yield of 1.45%. The ex-dividend date of this dividend was Wednesday, June 12th.

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.