VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Update

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 400 shares, a decline of 42.9% from the December 15th total of 700 shares. Based on an average daily trading volume, of 12,900 shares, the days-to-cover ratio is currently 0.0 days.

VictoryShares US Multi-Factor Minimum Volatility ETF Trading Up 0.5 %

Shares of VSMV stock opened at $48.19 on Wednesday. The firm has a 50-day moving average price of $49.20 and a 200 day moving average price of $48.06. VictoryShares US Multi-Factor Minimum Volatility ETF has a twelve month low of $42.00 and a twelve month high of $50.71. The company has a market capitalization of $110.84 million, a price-to-earnings ratio of 18.68 and a beta of 0.79.

VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, January 8th were issued a $0.0116 dividend. The ex-dividend date of this dividend was Wednesday, January 8th.

Institutional Trading of VictoryShares US Multi-Factor Minimum Volatility ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jane Street Group LLC purchased a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the 3rd quarter worth about $324,000. Lindenwold Advisors INC grew its holdings in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 5.2% during the 3rd quarter. Lindenwold Advisors INC now owns 5,548 shares of the company’s stock worth $270,000 after purchasing an additional 275 shares during the period. Finally, Tower Wealth Partners Inc. grew its holdings in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 2.3% during the 2nd quarter. Tower Wealth Partners Inc. now owns 405,459 shares of the company’s stock worth $18,424,000 after purchasing an additional 8,973 shares during the period.

VictoryShares US Multi-Factor Minimum Volatility ETF Company Profile

The VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks, selected and weighted based on multiple factors. ETF optimization and constraints are used in order to minimize volatility.