Short Interest in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Increases By 33.2%

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw a large increase in short interest in September. As of September 30th, there was short interest totalling 104,800 shares, an increase of 33.2% from the September 15th total of 78,700 shares. Based on an average daily volume of 78,600 shares, the short-interest ratio is currently 1.3 days.

VictoryShares Short-Term Bond ETF Trading Up 0.0 %

USTB stock traded up $0.02 during trading hours on Friday, hitting $50.49. 69,757 shares of the stock traded hands, compared to its average volume of 69,566. The stock has a 50-day simple moving average of $50.61 and a 200 day simple moving average of $50.07. VictoryShares Short-Term Bond ETF has a one year low of $48.37 and a one year high of $50.92.

VictoryShares Short-Term Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, October 9th. Investors of record on Tuesday, October 8th were issued a $0.1687 dividend. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $2.02 annualized dividend and a yield of 4.01%.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in USTB. ERn Financial LLC bought a new position in shares of VictoryShares Short-Term Bond ETF during the second quarter valued at $14,126,000. Waverly Advisors LLC bought a new position in VictoryShares Short-Term Bond ETF in the 1st quarter valued at $11,970,000. Prairieview Wealth Partners LLC acquired a new position in VictoryShares Short-Term Bond ETF in the first quarter worth $10,623,000. Pinnacle Wealth Management Group Inc. bought a new stake in shares of VictoryShares Short-Term Bond ETF during the third quarter worth $6,395,000. Finally, Commonwealth Equity Services LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF in the first quarter valued at $4,216,000.

About VictoryShares Short-Term Bond ETF

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.