Short Interest in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Increases By 643.5%

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 268,400 shares, an increase of 643.5% from the February 28th total of 36,100 shares. Based on an average daily volume of 128,000 shares, the days-to-cover ratio is currently 2.1 days. Currently, 1.4% of the company’s stock are short sold.

VictoryShares Short-Term Bond ETF Stock Up 0.1 %

Shares of NASDAQ USTB opened at $50.59 on Friday. VictoryShares Short-Term Bond ETF has a 1-year low of $49.29 and a 1-year high of $50.92. The business has a 50-day moving average of $50.47 and a 200-day moving average of $50.43.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 10th were issued a $0.193 dividend. The ex-dividend date was Monday, March 10th. This is a boost from VictoryShares Short-Term Bond ETF’s previous dividend of $0.19.

Institutional Trading of VictoryShares Short-Term Bond ETF

A number of hedge funds have recently made changes to their positions in the company. Northeast Planning Associates INC. NH acquired a new position in shares of VictoryShares Short-Term Bond ETF during the fourth quarter worth $12,150,000. Wealth Enhancement Advisory Services LLC increased its holdings in VictoryShares Short-Term Bond ETF by 4,092.9% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 226,542 shares of the company’s stock valued at $11,372,000 after buying an additional 221,139 shares during the last quarter. Ameriflex Group Inc. bought a new stake in shares of VictoryShares Short-Term Bond ETF in the 4th quarter valued at approximately $40,000. Focus Partners Advisor Solutions LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the fourth quarter worth $618,000. Finally, Waverly Advisors LLC boosted its holdings in shares of VictoryShares Short-Term Bond ETF by 12.4% in the 4th quarter. Waverly Advisors LLC now owns 315,536 shares of the company’s stock valued at $15,840,000 after buying an additional 34,835 shares during the period.

VictoryShares Short-Term Bond ETF Company Profile

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.