VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Up 425.0% in January

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 2,100 shares, a growth of 425.0% from the December 31st total of 400 shares. Based on an average daily trading volume, of 11,700 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in VictoryShares US Multi-Factor Minimum Volatility ETF stock. Lindenwold Advisors INC boosted its stake in VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) by 5.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,548 shares of the company’s stock after acquiring an additional 275 shares during the period. Lindenwold Advisors INC owned 0.21% of VictoryShares US Multi-Factor Minimum Volatility ETF worth $270,000 as of its most recent SEC filing.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance

Shares of VictoryShares US Multi-Factor Minimum Volatility ETF stock opened at $49.38 on Friday. The business has a 50-day simple moving average of $49.12 and a 200-day simple moving average of $48.30. VictoryShares US Multi-Factor Minimum Volatility ETF has a one year low of $42.82 and a one year high of $50.71. The company has a market cap of $113.57 million, a PE ratio of 18.68 and a beta of 0.79.

VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were issued a $0.0116 dividend. The ex-dividend date was Wednesday, January 8th.

About VictoryShares US Multi-Factor Minimum Volatility ETF

The VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks, selected and weighted based on multiple factors. ETF optimization and constraints are used in order to minimize volatility.