VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Short Interest Down 14.4% in February

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) saw a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 17,520 shares, a drop of 14.4% from the January 29th total of 20,458 shares. Based on an average daily volume of 58,099 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 58,099 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On VictoryShares US Small Mid Cap Value Momentum ETF

A number of institutional investors have recently modified their holdings of the company. Bessemer Group Inc. acquired a new stake in shares of VictoryShares US Small Mid Cap Value Momentum ETF during the second quarter worth $94,000. Nova Wealth Management Inc. increased its holdings in VictoryShares US Small Mid Cap Value Momentum ETF by 84.7% in the 3rd quarter. Nova Wealth Management Inc. now owns 4,188 shares of the company’s stock valued at $379,000 after purchasing an additional 1,920 shares in the last quarter. JPMorgan Chase & Co. raised its position in VictoryShares US Small Mid Cap Value Momentum ETF by 3,759.8% in the third quarter. JPMorgan Chase & Co. now owns 3,937 shares of the company’s stock valued at $357,000 after purchasing an additional 3,835 shares during the period. Finally, Strive Financial Group LLC acquired a new position in VictoryShares US Small Mid Cap Value Momentum ETF during the 4th quarter worth approximately $39,000.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Down 1.2%

Shares of VictoryShares US Small Mid Cap Value Momentum ETF stock opened at $97.89 on Wednesday. VictoryShares US Small Mid Cap Value Momentum ETF has a 52-week low of $68.07 and a 52-week high of $101.26. The company’s 50-day simple moving average is $96.76 and its 200-day simple moving average is $92.41. The firm has a market cap of $1.38 billion, a price-to-earnings ratio of 15.38 and a beta of 1.04.

VictoryShares US Small Mid Cap Value Momentum ETF Increases Dividend

The firm 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 $0.1137 per share. This is a positive change from VictoryShares US Small Mid Cap Value Momentum ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Monday, February 9th. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%.

About VictoryShares US Small Mid Cap Value Momentum ETF

The VictoryShares US Small Mid Cap Value Momentum ETF (USVM) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index of small- and mid-cap US stocks that are selected by equal parts value and momentum, and weighted by volatility. USVM was launched on Oct 24, 2017 and is managed by VictoryShares.