VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Short Interest Up 47.7% in November

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the recipient of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 6,500 shares, a growth of 47.7% from the October 31st total of 4,400 shares. Based on an average daily volume of 7,600 shares, the short-interest ratio is currently 0.9 days.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Up 0.4 %

USVM opened at $91.83 on Friday. VictoryShares US Small Mid Cap Value Momentum ETF has a 52 week low of $66.66 and a 52 week high of $93.41. The business has a fifty day simple moving average of $86.71 and a 200-day simple moving average of $82.33. The firm has a market cap of $303.04 million, a P/E ratio of 11.30 and a beta of 1.11.

VictoryShares US Small Mid Cap Value Momentum ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, November 8th. Investors of record on Thursday, November 7th were issued a dividend of $0.0243 per share. This represents a $0.29 dividend on an annualized basis and a yield of 0.32%. The ex-dividend date of this dividend was Thursday, November 7th.

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.