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

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the target of a large increase in short interest in January. As of January 31st, there was short interest totalling 87,100 shares, an increase of 220.2% from the January 15th total of 27,200 shares. Based on an average daily volume of 125,600 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in USTB. Fortitude Family Office LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF in the third quarter valued at about $91,000. Fifth Third Bancorp acquired a new stake in shares of VictoryShares Short-Term Bond ETF in the fourth quarter valued at about $155,000. Axis Wealth Partners LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF in the fourth quarter valued at about $205,000. Avantax Advisory Services Inc. increased its stake in shares of VictoryShares Short-Term Bond ETF by 11.5% in the fourth quarter. Avantax Advisory Services Inc. now owns 4,773 shares of the company’s stock valued at $240,000 after buying an additional 492 shares during the period. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF in the fourth quarter valued at about $294,000.

VictoryShares Short-Term Bond ETF Price Performance

USTB traded up $0.05 on Thursday, reaching $50.28. The stock had a trading volume of 33,990 shares, compared to its average volume of 120,438. VictoryShares Short-Term Bond ETF has a fifty-two week low of $49.29 and a fifty-two week high of $50.92. The firm has a 50-day moving average of $50.28 and a 200-day moving average of $50.42.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, February 10th. Stockholders of record on Friday, February 7th were paid a $0.1892 dividend. This is a boost from VictoryShares Short-Term Bond ETF’s previous dividend of $0.04. The ex-dividend date of this dividend was Friday, February 7th.

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.