VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Short Interest Up 28.3% in December

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 48,623 shares, an increase of 28.3% from the December 15th total of 37,885 shares. Based on an average daily volume of 126,122 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 126,122 shares, the short-interest ratio is presently 0.4 days.

VictoryShares Short-Term Bond ETF Stock Down 0.1%

Shares of VictoryShares Short-Term Bond ETF stock traded down $0.03 during trading hours on Friday, reaching $50.84. The company’s stock had a trading volume of 130,345 shares, compared to its average volume of 322,650. VictoryShares Short-Term Bond ETF has a one year low of $50.10 and a one year high of $51.12. The stock’s fifty day simple moving average is $50.86 and its two-hundred day simple moving average is $50.86.

VictoryShares Short-Term Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 9th. Shareholders of record on Thursday, January 8th were paid a dividend of $0.0341 per share. The ex-dividend date was Thursday, January 8th. This represents a c) dividend on an annualized basis and a yield of 0.8%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Merit Financial Group LLC lifted its position in shares of VictoryShares Short-Term Bond ETF by 5,778.3% during the third quarter. Merit Financial Group LLC now owns 2,430,797 shares of the company’s stock valued at $123,946,000 after purchasing an additional 2,389,445 shares in the last quarter. Bank of America Corp DE lifted its position in shares of VictoryShares Short-Term Bond ETF by 31.6% during the 2nd quarter. Bank of America Corp DE now owns 1,302,472 shares of the company’s stock worth $66,192,000 after buying an additional 312,543 shares in the last quarter. Stonebridge Financial Group LLC boosted its stake in shares of VictoryShares Short-Term Bond ETF by 121.1% in the 2nd quarter. Stonebridge Financial Group LLC now owns 550,995 shares of the company’s stock worth $28,002,000 after buying an additional 301,786 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of VictoryShares Short-Term Bond ETF by 75.1% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 504,794 shares of the company’s stock worth $25,613,000 after buying an additional 216,521 shares during the last quarter. Finally, HORAN Wealth LLC bought a new position in shares of VictoryShares Short-Term Bond ETF in the second quarter valued at approximately $10,228,000.

VictoryShares Short-Term Bond ETF Company Profile

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.