VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Sees Large Drop in Short Interest

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

Institutional Trading of VictoryShares US Multi-Factor Minimum Volatility ETF

A hedge fund recently bought a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF stock. Jane Street Group LLC bought a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 6,671 shares of the company’s stock, valued at approximately $324,000. Jane Street Group LLC owned about 0.25% of VictoryShares US Multi-Factor Minimum Volatility ETF as of its most recent filing with the Securities and Exchange Commission.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance

NASDAQ VSMV traded down $0.02 during trading hours on Thursday, hitting $49.38. 5,325 shares of the company traded hands, compared to its average volume of 10,210. The stock has a market capitalization of $113.57 million, a price-to-earnings ratio of 18.68 and a beta of 0.79. VictoryShares US Multi-Factor Minimum Volatility ETF has a twelve month low of $42.82 and a twelve month high of $50.71. The business’s 50-day moving average is $49.12 and its 200-day moving average is $48.30.

VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were issued a dividend of $0.0116 per share. The ex-dividend date was Wednesday, January 8th.

About VictoryShares US Multi-Factor Minimum Volatility ETF

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.