VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Short Interest Update

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVMGet Free Report) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 38,057 shares, a decline of 38.6% from the July 30th total of 62,005 shares. Based on an average daily volume of 39,949 shares, the short-interest ratio is presently 1.0 days. Approximately 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On VictoryShares US Small Mid Cap Value Momentum ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Strive Financial Group LLC acquired a new position in shares of VictoryShares US Small Mid Cap Value Momentum ETF in the 4th quarter valued at about $39,000. Capital Square LLC acquired a new position in VictoryShares US Small Mid Cap Value Momentum ETF in the 2nd quarter valued at approximately $266,000. Finally, JPMorgan Chase & Co. lifted its position in VictoryShares US Small Mid Cap Value Momentum ETF by 3,759.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,937 shares of the company’s stock worth $357,000 after buying an additional 3,835 shares in the last quarter.

VictoryShares US Small Mid Cap Value Momentum ETF Price Performance

USVM opened at $108.92 on Monday. The firm has a market capitalization of $1.76 billion, a P/E ratio of 15.38 and a beta of 0.99. The stock has a fifty day moving average of $109.75 and a 200-day moving average of $103.59. VictoryShares US Small Mid Cap Value Momentum ETF has a 12-month low of $86.52 and a 12-month high of $112.66.

VictoryShares US Small Mid Cap Value Momentum ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 10th. Investors of record on Friday, August 7th were paid a $0.0854 dividend. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Friday, August 7th.

VictoryShares US Small Mid Cap Value Momentum ETF Company Profile

(Get Free Report)

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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