Short Interest in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Grows By 42.8%

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totaling 69,430 shares, a growth of 42.8% from the December 31st total of 48,623 shares. Based on an average trading volume of 341,470 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the shares of the stock are short sold. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 341,470 shares, the days-to-cover ratio is currently 0.2 days.

VictoryShares Short-Term Bond ETF Trading Up 0.1%

Shares of NASDAQ:USTB opened at $51.00 on Friday. The business’s fifty day moving average price is $50.87 and its two-hundred day moving average price is $50.88. VictoryShares Short-Term Bond ETF has a one year low of $50.10 and a one year high of $51.12.

VictoryShares Short-Term Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 9th. Shareholders of record on Thursday, January 8th were issued a $0.0341 dividend. The ex-dividend date was Thursday, January 8th. This represents a c) annualized dividend and a yield of 0.8%.

Hedge Funds Weigh In On VictoryShares Short-Term Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Merit Financial Group LLC lifted its position in VictoryShares Short-Term Bond ETF by 5,778.3% during the third quarter. Merit Financial Group LLC now owns 2,430,797 shares of the company’s stock valued at $123,946,000 after buying an additional 2,389,445 shares in the last quarter. Bank of America Corp DE raised its stake in shares of VictoryShares Short-Term Bond ETF by 31.6% in the 2nd quarter. Bank of America Corp DE now owns 1,302,472 shares of the company’s stock valued at $66,192,000 after acquiring an additional 312,543 shares during the period. Stonebridge Financial Group LLC lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 121.1% during the 2nd quarter. Stonebridge Financial Group LLC now owns 550,995 shares of the company’s stock valued at $28,002,000 after acquiring an additional 301,786 shares in the last quarter. HORAN Wealth LLC purchased a new stake in VictoryShares Short-Term Bond ETF during the 2nd quarter worth $10,228,000. Finally, Apella Capital LLC increased its holdings in VictoryShares Short-Term Bond ETF by 997.4% in the 3rd quarter. Apella Capital LLC now owns 171,611 shares of the company’s stock valued at $8,754,000 after purchasing an additional 155,973 shares in the last quarter.

About VictoryShares Short-Term Bond ETF

The Victory Portfolios II VictoryShares Short-Term Bond ETF (USTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three years or less. USTB was launched on Oct 24, 2017 and is managed by VictoryShares.