Short Interest in VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Rises By 72.0%

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 67,800 shares, a growth of 72.0% from the August 15th total of 39,411 shares. Based on an average daily trading volume, of 224,964 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

VictoryShares Core Plus Intermediate Bond ETF Stock Performance

Shares of UBND traded down $0.06 during mid-day trading on Friday, hitting $21.04. The company’s stock had a trading volume of 16,922 shares, compared to its average volume of 275,593. VictoryShares Core Plus Intermediate Bond ETF has a fifty-two week low of $20.97 and a fifty-two week high of $22.41. The firm has a 50-day moving average price of $21.37 and a 200 day moving average price of $21.61.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 10th. Stockholders of record on Wednesday, September 9th were given a $0.0859 dividend. This is a positive change from VictoryShares Core Plus Intermediate Bond ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Wednesday, September 9th.

Institutional Investors Weigh In On VictoryShares Core Plus Intermediate Bond ETF

Institutional investors have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. raised its holdings in VictoryShares Core Plus Intermediate Bond ETF by 30.9% during the 4th quarter. Victory Capital Management Inc. now owns 20,358,908 shares of the company’s stock worth $447,896,000 after purchasing an additional 4,800,062 shares during the last quarter. Annex Advisory Services LLC grew its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 6.9% in the 2nd quarter. Annex Advisory Services LLC now owns 18,906,834 shares of the company’s stock valued at $410,751,000 after purchasing an additional 1,223,743 shares during the period. Cahaba Wealth Management Inc. raised its holdings in VictoryShares Core Plus Intermediate Bond ETF by 4.0% during the 1st quarter. Cahaba Wealth Management Inc. now owns 8,179,176 shares of the company’s stock worth $178,142,000 after buying an additional 316,424 shares during the period. Retirement Planning Group LLC boosted its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 13.1% during the 1st quarter. Retirement Planning Group LLC now owns 7,358,557 shares of the company’s stock worth $160,269,000 after buying an additional 853,671 shares during the last quarter. Finally, Corient Private Wealth LP grew its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 22.9% in the 2nd quarter. Corient Private Wealth LP now owns 1,484,759 shares of the company’s stock valued at $32,256,000 after acquiring an additional 276,364 shares in the last quarter.

About VictoryShares Core Plus Intermediate Bond ETF

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.