VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Sees Large Increase in Short Interest

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 160,700 shares, a growth of 422.8% from the April 30th total of 30,738 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 114,608 shares, the days-to-cover ratio is currently 1.4 days.

Hedge Funds Weigh In On VictoryShares Core Intermediate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in UITB. Calamos Advisors LLC lifted its holdings in VictoryShares Core Intermediate Bond ETF by 2,378.1% in the 1st quarter. Calamos Advisors LLC now owns 1,333,192 shares of the company’s stock worth $62,683,000 after buying an additional 1,279,392 shares in the last quarter. Orion Porfolio Solutions LLC lifted its holdings in VictoryShares Core Intermediate Bond ETF by 5,030.8% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 700,609 shares of the company’s stock worth $32,978,000 after buying an additional 686,954 shares in the last quarter. Greenup Street Wealth Management LLC acquired a new position in VictoryShares Core Intermediate Bond ETF in the 4th quarter worth $21,013,000. Blue Water Asset Management acquired a new position in VictoryShares Core Intermediate Bond ETF in the 4th quarter worth $19,596,000. Finally, Crusonia Wealth Advisors LLC acquired a new position in VictoryShares Core Intermediate Bond ETF in the 4th quarter worth $16,355,000.

VictoryShares Core Intermediate Bond ETF Stock Performance

UITB stock traded up $0.09 during trading on Thursday, reaching $46.81. The stock had a trading volume of 71,960 shares, compared to its average volume of 188,905. VictoryShares Core Intermediate Bond ETF has a 1-year low of $46.12 and a 1-year high of $48.06. The firm has a fifty day moving average price of $46.88 and a 200 day moving average price of $47.28.

VictoryShares Core Intermediate Bond ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were issued a $0.1628 dividend. The ex-dividend date was Friday, May 8th.

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.