VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Sees Large Growth in Short Interest

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 14,000 shares, a growth of 6,900.0% from the March 31st total of 200 shares. Based on an average daily volume of 7,800 shares, the short-interest ratio is currently 1.8 days.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Down 0.7 %

Shares of USVM stock traded down $0.51 during trading hours on Thursday, hitting $76.07. 3,543 shares of the company’s stock traded hands, compared to its average volume of 11,398. The stock has a market cap of $216.80 million, a price-to-earnings ratio of 11.16 and a beta of 1.11. The stock’s fifty day simple moving average is $76.94 and its two-hundred day simple moving average is $71.71. VictoryShares US Small Mid Cap Value Momentum ETF has a 12-month low of $60.66 and a 12-month high of $80.37.

VictoryShares US Small Mid Cap Value Momentum ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, April 12th were issued a $0.2019 dividend. This represents a $2.42 annualized dividend and a yield of 3.19%. The ex-dividend date of this dividend was Thursday, April 11th.

VictoryShares US Small Mid Cap Value Momentum ETF Company Profile

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.