VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Short Interest Update

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the target of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 96,100 shares, a growth of 54.0% from the October 15th total of 62,400 shares. Based on an average daily trading volume, of 86,800 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Victory Capital Management Inc. increased its holdings in VictoryShares Short-Term Bond ETF by 1.4% in the 2nd quarter. Victory Capital Management Inc. now owns 4,292,597 shares of the company’s stock valued at $213,771,000 after purchasing an additional 60,752 shares in the last quarter. Marquette Asset Management LLC increased its holdings in VictoryShares Short-Term Bond ETF by 1.8% in the 3rd quarter. Marquette Asset Management LLC now owns 610,891 shares of the company’s stock valued at $31,039,000 after purchasing an additional 10,746 shares in the last quarter. ERn Financial LLC increased its holdings in VictoryShares Short-Term Bond ETF by 3.2% in the 3rd quarter. ERn Financial LLC now owns 292,859 shares of the company’s stock valued at $14,880,000 after purchasing an additional 9,210 shares in the last quarter. Cornerstone Planning Group LLC increased its holdings in VictoryShares Short-Term Bond ETF by 7.7% in the 3rd quarter. Cornerstone Planning Group LLC now owns 270,565 shares of the company’s stock valued at $13,645,000 after purchasing an additional 19,376 shares in the last quarter. Finally, Atria Investments Inc increased its holdings in VictoryShares Short-Term Bond ETF by 5.0% in the 1st quarter. Atria Investments Inc now owns 251,579 shares of the company’s stock valued at $12,536,000 after purchasing an additional 11,972 shares in the last quarter.

VictoryShares Short-Term Bond ETF Stock Up 0.1 %

Shares of USTB opened at $50.24 on Friday. The stock’s fifty day simple moving average is $50.56 and its 200 day simple moving average is $50.20. VictoryShares Short-Term Bond ETF has a twelve month low of $48.83 and a twelve month high of $50.92.

VictoryShares Short-Term Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, November 8th. Investors of record on Thursday, November 7th were given a $0.2103 dividend. This represents a $2.52 annualized dividend and a dividend yield of 5.02%. The ex-dividend date was Thursday, November 7th.

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.