VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Significant Growth in Short Interest

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 39,411 shares, a growth of 202.6% from the July 30th total of 13,024 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 175,214 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Comerica Bank increased its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 44.4% in the 1st quarter. Comerica Bank now owns 2,597 shares of the company’s stock valued at $57,000 after acquiring an additional 799 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in VictoryShares Core Plus Intermediate Bond ETF in the first quarter worth $4,842,000. Jane Street Group LLC boosted its holdings in VictoryShares Core Plus Intermediate Bond ETF by 174.2% in the first quarter. Jane Street Group LLC now owns 35,739 shares of the company’s stock worth $779,000 after purchasing an additional 22,705 shares during the period. Corient Private Wealth LLC increased its stake in VictoryShares Core Plus Intermediate Bond ETF by 168.1% during the second quarter. Corient Private Wealth LLC now owns 836,066 shares of the company’s stock valued at $18,268,000 after purchasing an additional 524,257 shares during the last quarter. Finally, Susquehanna International Group LLP increased its stake in VictoryShares Core Plus Intermediate Bond ETF by 354.7% during the third quarter. Susquehanna International Group LLP now owns 64,778 shares of the company’s stock valued at $1,428,000 after purchasing an additional 50,531 shares during the last quarter.

VictoryShares Core Plus Intermediate Bond ETF Stock Performance

Shares of UBND stock remained flat at $21.45 during trading hours on Thursday. 136,716 shares of the stock traded hands, compared to its average volume of 271,307. VictoryShares Core Plus Intermediate Bond ETF has a twelve month low of $21.34 and a twelve month high of $22.41. The firm has a 50 day moving average price of $21.52 and a 200-day moving average price of $21.71.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, August 10th. Shareholders of record on Friday, August 7th were paid a dividend of $0.0819 per share. The ex-dividend date was Friday, August 7th.

VictoryShares Core Plus Intermediate Bond ETF Company Profile

The VictoryShares Core Plus Intermediate Bond ETF (UBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds intermediate-term bonds of any type and rating that exhibit positive ESG characteristics. UBND was launched on Oct 4, 2021 and is managed by VictoryShares.