VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Stock Short Interest Rises 83.6%

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 24,029 shares, an increase of 83.6% from the September 15th total of 13,090 shares. Based on an average trading volume of 274,797 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

VictoryShares Core Intermediate Bond ETF Trading Up 0.1%

UITB opened at $44.76 on Thursday. The stock has a 50-day moving average of $45.54 and a 200 day moving average of $46.29. VictoryShares Core Intermediate Bond ETF has a 12 month low of $44.48 and a 12 month high of $48.06.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 8th were paid a $0.1861 dividend. This represents a $2.23 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend was Thursday, October 8th. This is a positive change from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.1657.

Hedge Funds Weigh In On VictoryShares Core Intermediate Bond ETF

Several large investors have recently modified their holdings of the stock. Sloy Dahl & Holst LLC raised its holdings in VictoryShares Core Intermediate Bond ETF by 9.1% during the 3rd quarter. Sloy Dahl & Holst LLC now owns 130,575 shares of the company’s stock valued at $5,829,000 after buying an additional 10,938 shares during the period. Alliance Wealth Advisors LLC lifted its position in VictoryShares Core Intermediate Bond ETF by 1.7% in the third quarter. Alliance Wealth Advisors LLC now owns 598,840 shares of the company’s stock worth $26,734,000 after buying an additional 10,279 shares during the last quarter. Focus Financial Network Inc. lifted its position in VictoryShares Core Intermediate Bond ETF by 2.9% in the third quarter. Focus Financial Network Inc. now owns 33,228 shares of the company’s stock worth $1,483,000 after buying an additional 935 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in VictoryShares Core Intermediate Bond ETF by 14.5% during the third quarter. Farther Finance Advisors LLC now owns 2,302 shares of the company’s stock worth $103,000 after buying an additional 291 shares during the period. Finally, Titleist Asset Management LLC boosted its stake in VictoryShares Core Intermediate Bond ETF by 8.8% during the third quarter. Titleist Asset Management LLC now owns 23,047 shares of the company’s stock worth $1,029,000 after buying an additional 1,864 shares during the period.

About VictoryShares Core Intermediate Bond ETF

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.