VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Up 127.2% in June

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 49,821 shares, an increase of 127.2% from the May 31st total of 21,931 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 121,413 shares, the days-to-cover ratio is presently 0.4 days.

VictoryShares Core Intermediate Bond ETF Trading Up 0.0%

Shares of NASDAQ:UITB opened at $47.00 on Monday. VictoryShares Core Intermediate Bond ETF has a one year low of $46.12 and a one year high of $48.06. The stock has a fifty day moving average of $46.77 and a 200-day moving average of $47.15.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were given a $0.1654 dividend. The ex-dividend date was Tuesday, June 9th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

Institutional Trading of VictoryShares Core Intermediate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Victory Capital Management Inc. boosted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 0.8% in the fourth quarter. Victory Capital Management Inc. now owns 14,850,508 shares of the company’s stock worth $703,241,000 after buying an additional 123,363 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of VictoryShares Core Intermediate Bond ETF by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,620,717 shares of the company’s stock valued at $266,167,000 after acquiring an additional 25,861 shares in the last quarter. LPL Financial LLC lifted its position in shares of VictoryShares Core Intermediate Bond ETF by 10.4% in the 4th quarter. LPL Financial LLC now owns 2,146,635 shares of the company’s stock valued at $101,653,000 after acquiring an additional 203,071 shares in the last quarter. Bogart Wealth LLC boosted its stake in VictoryShares Core Intermediate Bond ETF by 3.6% in the 1st quarter. Bogart Wealth LLC now owns 2,060,745 shares of the company’s stock worth $96,890,000 after purchasing an additional 70,918 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in VictoryShares Core Intermediate Bond ETF by 8.0% in the 4th quarter. Wells Fargo & Company MN now owns 1,755,500 shares of the company’s stock worth $83,131,000 after purchasing an additional 129,423 shares during the period.

About VictoryShares Core Intermediate Bond ETF

The Victory Portfolios II VictoryShares Core Intermediate Bond ETF (UITB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three to ten years. UITB was launched on Oct 24, 2017 and is managed by VictoryShares.