VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Short Interest Up 33.2% in September

by · The Cerbat Gem

VictoryShares Short-Term Bond ETF (NASDAQ:USTB – Get Free Report) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totalling 104,800 shares, a growth of 33.2% from the September 15th total of 78,700 shares. Based on an average daily volume of 78,600 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

Several large investors have recently added to or reduced their stakes in USTB. Victory Capital Management Inc. grew its holdings in shares of VictoryShares Short-Term Bond ETF by 1.4% during the second quarter. Victory Capital Management Inc. now owns 4,292,597 shares of the company’s stock valued at $213,771,000 after buying an additional 60,752 shares during the last quarter. Marquette Asset Management LLC increased its holdings in VictoryShares Short-Term Bond ETF by 1.8% during the 3rd quarter. Marquette Asset Management LLC now owns 610,891 shares of the company’s stock worth $31,039,000 after purchasing an additional 10,746 shares in the last quarter. ERn Financial LLC bought a new stake in VictoryShares Short-Term Bond ETF during the 2nd quarter worth approximately $14,126,000. Atria Investments Inc raised its stake in shares of VictoryShares Short-Term Bond ETF by 5.0% in the first quarter. Atria Investments Inc now owns 251,579 shares of the company’s stock worth $12,536,000 after purchasing an additional 11,972 shares during the last quarter. Finally, Waverly Advisors LLC bought a new position in shares of VictoryShares Short-Term Bond ETF in the first quarter valued at approximately $11,970,000.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of VictoryShares Short-Term Bond ETF stock traded up $0.02 during trading on Friday, hitting $50.49. The company’s stock had a trading volume of 69,757 shares, compared to its average volume of 69,566. VictoryShares Short-Term Bond ETF has a 52 week low of $48.37 and a 52 week high of $50.92. The stock has a 50-day moving average price of $50.61 and a two-hundred day moving average price of $50.07.

VictoryShares Short-Term Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Tuesday, October 8th were given a $0.1687 dividend. This represents a $2.02 annualized dividend and a dividend yield of 4.01%. The ex-dividend date was Tuesday, October 8th.

About VictoryShares Short-Term Bond ETF

(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.

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