Short Interest in VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Grows By 303.3%

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMVGet Free Report) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 1,839 shares, an increase of 303.3% from the April 15th total of 456 shares. Based on an average daily volume of 5,881 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

VictoryShares US Multi-Factor Minimum Volatility ETF Trading Up 0.3%

Shares of VSMV opened at $59.80 on Thursday. The stock has a market capitalization of $155.48 million, a P/E ratio of 18.64 and a beta of 0.69. The firm’s fifty day simple moving average is $57.74 and its two-hundred day simple moving average is $56.52. VictoryShares US Multi-Factor Minimum Volatility ETF has a 12 month low of $47.64 and a 12 month high of $59.84.

VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were given a dividend of $0.0355 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a c) dividend on an annualized basis and a yield of 0.7%.

Institutional Trading of VictoryShares US Multi-Factor Minimum Volatility ETF

A number of institutional investors have recently bought and sold shares of the company. Great Valley Advisor Group Inc. boosted its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 46.6% during the fourth quarter. Great Valley Advisor Group Inc. now owns 864,751 shares of the company’s stock valued at $47,792,000 after acquiring an additional 274,980 shares during the last quarter. Tower Wealth Partners Inc. boosted its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 0.4% during the fourth quarter. Tower Wealth Partners Inc. now owns 417,579 shares of the company’s stock valued at $23,078,000 after acquiring an additional 1,703 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 3,665.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 223,455 shares of the company’s stock valued at $12,350,000 after acquiring an additional 217,521 shares during the last quarter. Royal Bank of Canada boosted its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 0.5% during the first quarter. Royal Bank of Canada now owns 99,816 shares of the company’s stock valued at $4,834,000 after acquiring an additional 503 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 1.6% during the second quarter. Raymond James Financial Inc. now owns 52,626 shares of the company’s stock valued at $2,594,000 after acquiring an additional 822 shares during the last quarter.

VictoryShares US Multi-Factor Minimum Volatility ETF Company Profile

(Get Free Report)

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. VSMV was launched on Jun 22, 2017 and is managed by VictoryShares.

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