VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV – Get Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 1,683 shares, an increase of 149.3% from the September 15th total of 675 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 3,535 shares, the days-to-cover ratio is currently 0.5 days.
VictoryShares US Multi-Factor Minimum Volatility ETF Stock Down 0.5%
Shares of VSMV stock opened at $60.40 on Wednesday. The firm has a 50 day moving average of $60.60 and a two-hundred day moving average of $59.68. The stock has a market capitalization of $157.04 million, a PE ratio of 18.64 and a beta of 0.68. VictoryShares US Multi-Factor Minimum Volatility ETF has a 52 week low of $52.75 and a 52 week high of $61.94.
VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend
The business also recently disclosed a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 8th were paid a $0.0740 dividend. The ex-dividend date was Thursday, October 8th. This is a decrease from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.1040. This represents a $0.89 annualized dividend and a dividend yield of 1.5%.
Institutional Inflows and Outflows
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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