Short Interest in VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Expands By 72.0%

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 67,800 shares, an increase of 72.0% from the August 15th total of 39,411 shares. Based on an average trading volume of 224,964 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

VictoryShares Core Plus Intermediate Bond ETF Trading Up 0.3%

NASDAQ:UBND traded up $0.06 during mid-day trading on Thursday, hitting $21.06. The stock had a trading volume of 18,643 shares, compared to its average volume of 274,376. The company has a 50 day simple moving average of $21.38 and a 200-day simple moving average of $21.62. VictoryShares Core Plus Intermediate Bond ETF has a 52 week low of $20.97 and a 52 week high of $22.41.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 10th. Stockholders of record on Wednesday, September 9th were issued a dividend of $0.0859 per share. This is a boost from VictoryShares Core Plus Intermediate Bond ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Wednesday, September 9th.

Hedge Funds Weigh In On VictoryShares Core Plus Intermediate Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in UBND. Comprehensive Financial Planning Inc. PA bought a new position in shares of VictoryShares Core Plus Intermediate Bond ETF in the fourth quarter valued at approximately $25,000. Johnson Financial Group Inc. bought a new stake in VictoryShares Core Plus Intermediate Bond ETF during the first quarter worth approximately $54,000. Fifth Third Bancorp bought a new stake in VictoryShares Core Plus Intermediate Bond ETF during the first quarter worth approximately $77,000. Stonebridge Financial Group LLC MO lifted its position in VictoryShares Core Plus Intermediate Bond ETF by 52.7% in the first quarter. Stonebridge Financial Group LLC MO now owns 24,165 shares of the company’s stock worth $526,000 after purchasing an additional 8,342 shares during the period. Finally, Impact Investors Inc lifted its position in VictoryShares Core Plus Intermediate Bond ETF by 8.1% in the first quarter. Impact Investors Inc now owns 258,046 shares of the company’s stock worth $5,620,000 after purchasing an additional 19,264 shares during the period.

VictoryShares Core Plus Intermediate Bond ETF Company Profile

The VictoryShares Core Plus Intermediate Bond ETF (UBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds intermediate-term bonds of any type and rating that exhibit positive ESG characteristics. UBND was launched on Oct 4, 2021 and is managed by VictoryShares.