VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Up 127.2% in June

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 49,821 shares, an increase of 127.2% from the May 31st total of 21,931 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 121,413 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On VictoryShares Core Intermediate Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC acquired a new stake in VictoryShares Core Intermediate Bond ETF during the 4th quarter valued at $27,000. PNC Financial Services Group Inc. acquired a new stake in shares of VictoryShares Core Intermediate Bond ETF in the third quarter worth $40,000. Motiv8 Investments LLC purchased a new position in shares of VictoryShares Core Intermediate Bond ETF during the fourth quarter valued at $65,000. Rockefeller Capital Management L.P. grew its holdings in shares of VictoryShares Core Intermediate Bond ETF by 46.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,606 shares of the company’s stock valued at $76,000 after buying an additional 506 shares in the last quarter. Finally, Western Wealth Management LLC purchased a new position in shares of VictoryShares Core Intermediate Bond ETF during the first quarter valued at $81,000.

VictoryShares Core Intermediate Bond ETF Price Performance

UITB stock traded down $0.05 during mid-day trading on Wednesday, reaching $46.79. 20,980 shares of the stock traded hands, compared to its average volume of 176,701. VictoryShares Core Intermediate Bond ETF has a 52-week low of $46.12 and a 52-week high of $48.06. The stock’s fifty day moving average is $46.76 and its 200-day moving average is $47.14.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were given a $0.1654 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Tuesday, June 9th.

VictoryShares Core Intermediate Bond ETF Company Profile

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.