VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Update

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the target of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 3,900 shares, an increase of 178.6% from the November 15th total of 1,400 shares. Based on an average daily volume of 10,400 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On VictoryShares US Multi-Factor Minimum Volatility ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Tower Wealth Partners Inc. raised its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 2.3% in the second quarter. Tower Wealth Partners Inc. now owns 405,459 shares of the company’s stock worth $18,424,000 after purchasing an additional 8,973 shares in the last quarter. Cetera Advisors LLC bought a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the 1st quarter valued at $260,000. Lindenwold Advisors INC boosted its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 5.2% in the third quarter. Lindenwold Advisors INC now owns 5,548 shares of the company’s stock worth $270,000 after acquiring an additional 275 shares during the period. Finally, Jane Street Group LLC bought a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF in the 3rd quarter worth approximately $324,000.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Down 0.0 %

VictoryShares US Multi-Factor Minimum Volatility ETF stock traded down $0.02 during mid-day trading on Wednesday, reaching $49.76. 56,072 shares of the company’s stock were exchanged, compared to its average volume of 10,049. VictoryShares US Multi-Factor Minimum Volatility ETF has a one year low of $41.60 and a one year high of $50.71. The firm has a market capitalization of $134.35 million, a PE ratio of 18.68 and a beta of 0.79. The business’s fifty day simple moving average is $49.17 and its 200 day simple moving average is $47.46.

VictoryShares US Multi-Factor Minimum Volatility ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were issued a $0.0205 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.49%. The ex-dividend date was Thursday, November 7th.

VictoryShares US Multi-Factor Minimum Volatility ETF Company Profile

The VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks, selected and weighted based on multiple factors. ETF optimization and constraints are used in order to minimize volatility.