VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM – Get Free Report) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totaling 29,994 shares, a drop of 35.4% from the May 31st total of 46,425 shares. Based on an average daily volume of 42,532 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.2% of the shares of the stock are sold short.
VictoryShares US Small Mid Cap Value Momentum ETF Trading Down 0.7%
NASDAQ USVM opened at $108.53 on Friday. VictoryShares US Small Mid Cap Value Momentum ETF has a 12 month low of $81.48 and a 12 month high of $110.35. The stock has a market cap of $1.73 billion, a PE ratio of 15.38 and a beta of 0.98. The stock’s 50 day moving average is $104.85 and its 200 day moving average is $99.28.
VictoryShares US Small Mid Cap Value Momentum ETF Increases Dividend
The business also recently announced a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were issued a $0.1824 dividend. This represents a c) annualized dividend and a dividend yield of 2.0%. This is a boost from VictoryShares US Small Mid Cap Value Momentum ETF’s previous monthly dividend of $0.04. The ex-dividend date of this dividend was Tuesday, June 9th.
Hedge Funds Weigh In On VictoryShares US Small Mid Cap Value Momentum ETF
About VictoryShares US Small Mid Cap Value Momentum ETF
The VictoryShares US Small Mid Cap Value Momentum ETF (USVM) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index of small- and mid-cap US stocks that are selected by equal parts value and momentum, and weighted by volatility. USVM was launched on Oct 24, 2017 and is managed by VictoryShares.
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