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

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totalling 31,400 shares, a growth of 70.7% from the August 15th total of 18,400 shares. Based on an average daily volume of 67,200 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On VictoryShares Short-Term Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Smith Thornton Advisors LLC purchased a new position in VictoryShares Short-Term Bond ETF in the 2nd quarter worth approximately $3,706,000. Daymark Wealth Partners LLC increased its holdings in shares of VictoryShares Short-Term Bond ETF by 2.2% in the second quarter. Daymark Wealth Partners LLC now owns 14,432 shares of the company’s stock valued at $719,000 after purchasing an additional 305 shares during the last quarter. Certified Advisory Corp lifted its position in VictoryShares Short-Term Bond ETF by 36.8% during the second quarter. Certified Advisory Corp now owns 22,321 shares of the company’s stock worth $1,112,000 after buying an additional 6,000 shares in the last quarter. Private Advisor Group LLC boosted its stake in VictoryShares Short-Term Bond ETF by 7.5% during the second quarter. Private Advisor Group LLC now owns 39,020 shares of the company’s stock worth $1,943,000 after buying an additional 2,707 shares during the last quarter. Finally, Victory Capital Management Inc. grew its holdings in VictoryShares Short-Term Bond ETF by 1.4% in the 2nd quarter. Victory Capital Management Inc. now owns 4,292,597 shares of the company’s stock valued at $213,771,000 after buying an additional 60,752 shares in the last quarter.

VictoryShares Short-Term Bond ETF Price Performance

NASDAQ USTB opened at $50.75 on Friday. The business has a fifty day moving average price of $50.37 and a 200 day moving average price of $49.93. VictoryShares Short-Term Bond ETF has a one year low of $48.37 and a one year high of $50.91.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, September 12th. Stockholders of record on Wednesday, September 11th were given a $0.2377 dividend. This represents a $2.85 dividend on an annualized basis and a dividend yield of 5.62%. This is a boost from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.21. The ex-dividend date of this dividend was Wednesday, September 11th.

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.