VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Short Interest Update

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) saw a large growth in short interest in January. As of January 30th, there was short interest totaling 20,458 shares, a growth of 42.4% from the January 15th total of 14,367 shares. Based on an average daily volume of 264,103 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 264,103 shares, the short-interest ratio is currently 0.1 days.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Up 1.0%

Shares of NASDAQ:USVM opened at $99.78 on Friday. The stock has a market cap of $1.41 billion, a PE ratio of 15.38 and a beta of 1.04. The company’s fifty day moving average is $95.15 and its 200 day moving average is $91.11. VictoryShares US Small Mid Cap Value Momentum ETF has a 52 week low of $68.07 and a 52 week high of $101.26.

VictoryShares US Small Mid Cap Value Momentum ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, February 10th. Investors of record on Monday, February 9th were issued a dividend of $0.1137 per share. The ex-dividend date was Monday, February 9th. This represents a c) annualized dividend and a yield of 1.4%. This is a boost from VictoryShares US Small Mid Cap Value Momentum ETF’s previous monthly dividend of $0.06.

Hedge Funds Weigh In On VictoryShares US Small Mid Cap Value Momentum ETF

A number of large investors have recently bought and sold shares of USVM. Bessemer Group Inc. purchased a new stake in shares of VictoryShares US Small Mid Cap Value Momentum ETF during the second quarter valued at approximately $94,000. JPMorgan Chase & Co. increased its stake in shares of VictoryShares US Small Mid Cap Value Momentum ETF by 3,759.8% in the third quarter. JPMorgan Chase & Co. now owns 3,937 shares of the company’s stock worth $357,000 after buying an additional 3,835 shares during the period. Finally, Nova Wealth Management Inc. raised its holdings in VictoryShares US Small Mid Cap Value Momentum ETF by 84.7% during the 3rd quarter. Nova Wealth Management Inc. now owns 4,188 shares of the company’s stock valued at $379,000 after buying an additional 1,920 shares during the last quarter.

VictoryShares US Small Mid Cap Value Momentum ETF Company Profile

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.