VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Short Interest Up 114.4% in September

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 40,300 shares, an increase of 114.4% from the September 15th total of 18,800 shares. Based on an average daily volume of 166,300 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 166,300 shares, the short-interest ratio is presently 0.2 days.

VictoryShares Short-Term Bond ETF Price Performance

VictoryShares Short-Term Bond ETF stock opened at $51.00 on Wednesday. The stock has a fifty day simple moving average of $50.94 and a two-hundred day simple moving average of $50.70. VictoryShares Short-Term Bond ETF has a 12 month low of $50.02 and a 12 month high of $51.12.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 10th. Shareholders of record on Thursday, October 9th were issued a $0.21 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend was Thursday, October 9th. This is a positive change from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.19.

Institutional Trading of VictoryShares Short-Term Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Private Trust Co. NA increased its holdings in shares of VictoryShares Short-Term Bond ETF by 25.5% in the 3rd quarter. Private Trust Co. NA now owns 1,454 shares of the company’s stock worth $74,000 after purchasing an additional 295 shares in the last quarter. Parallel Advisors LLC bought a new stake in shares of VictoryShares Short-Term Bond ETF in the 2nd quarter worth $202,000. American Trust bought a new stake in shares of VictoryShares Short-Term Bond ETF in the second quarter worth $203,000. Private Client Services LLC bought a new stake in shares of VictoryShares Short-Term Bond ETF in the third quarter worth $247,000. Finally, Axis Wealth Partners LLC grew its holdings in shares of VictoryShares Short-Term Bond ETF by 19.8% in the first quarter. Axis Wealth Partners LLC now owns 4,895 shares of the company’s stock worth $248,000 after acquiring an additional 810 shares during the period.

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.