VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV – Get 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
VictoryShares US Multi-Factor Minimum Volatility ETF Company Profile
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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