Short Interest in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Decreases By 78.2%

VictoryShares Short-Term Bond ETF (NASDAQ:USTBGet Free Report) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 36,434 shares, a decrease of 78.2% from the June 30th total of 166,982 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 237,904 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of VictoryShares Short-Term Bond ETF

A number of hedge funds have recently made changes to their positions in the stock. Western Wealth Management LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the first quarter worth approximately $28,000. Sunbelt Securities Inc. acquired a new position in VictoryShares Short-Term Bond ETF in the 3rd quarter valued at approximately $30,000. JPMorgan Chase & Co. purchased a new stake in VictoryShares Short-Term Bond ETF in the 3rd quarter worth approximately $32,000. Global Retirement Partners LLC purchased a new stake in VictoryShares Short-Term Bond ETF in the 4th quarter worth approximately $33,000. Finally, Aptus Capital Advisors LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter valued at $72,000.

VictoryShares Short-Term Bond ETF Stock Up 0.0%

NASDAQ:USTB traded up $0.01 during trading hours on Monday, hitting $50.40. 128,507 shares of the company’s stock traded hands, compared to its average volume of 231,701. VictoryShares Short-Term Bond ETF has a twelve month low of $50.34 and a twelve month high of $51.12. The stock’s fifty day moving average price is $50.54 and its two-hundred day moving average price is $50.70.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were paid a dividend of $0.2031 per share. This is a boost from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Thursday, July 9th. This represents a c) annualized dividend and a yield of 4.8%.

VictoryShares Short-Term Bond ETF Company Profile

(Get Free Report)

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.

Further Reading

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