VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Short Interest Up 38.5% in February

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the target of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 33,777 shares, an increase of 38.5% from the January 29th total of 24,394 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 220,652 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 220,652 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Trading of VictoryShares Short-Term Bond ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Merit Financial Group LLC increased its holdings in VictoryShares Short-Term Bond ETF by 5,778.3% in the third quarter. Merit Financial Group LLC now owns 2,430,797 shares of the company’s stock valued at $123,946,000 after buying an additional 2,389,445 shares in the last quarter. Morgan Stanley grew its position in shares of VictoryShares Short-Term Bond ETF by 28.8% during the 4th quarter. Morgan Stanley now owns 2,173,526 shares of the company’s stock valued at $110,502,000 after acquiring an additional 486,138 shares during the period. Bank of America Corp DE increased its stake in shares of VictoryShares Short-Term Bond ETF by 31.6% in the 2nd quarter. Bank of America Corp DE now owns 1,302,472 shares of the company’s stock valued at $66,192,000 after purchasing an additional 312,543 shares in the last quarter. Cornerstone Planning Group LLC increased its stake in shares of VictoryShares Short-Term Bond ETF by 58,494.3% in the 4th quarter. Cornerstone Planning Group LLC now owns 246,096 shares of the company’s stock valued at $12,531,000 after purchasing an additional 245,676 shares in the last quarter. Finally, BlueStem Wealth Partners LLC acquired a new position in VictoryShares Short-Term Bond ETF in the 4th quarter worth about $10,651,000.

VictoryShares Short-Term Bond ETF Stock Up 0.1%

VictoryShares Short-Term Bond ETF stock opened at $51.10 on Monday. The business’s 50-day moving average price is $50.92 and its 200 day moving average price is $50.92. VictoryShares Short-Term Bond ETF has a 52 week low of $50.10 and a 52 week high of $51.12.

VictoryShares Short-Term Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Monday, February 9th were paid a dividend of $0.1831 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, February 9th. This is a positive change from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.03.

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.