Short Interest in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Grows By 78.1%

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 26,900 shares, an increase of 78.1% from the March 31st total of 15,100 shares. Based on an average trading volume of 67,800 shares, the short-interest ratio is currently 0.4 days.

VictoryShares Short-Term Bond ETF Price Performance

Shares of NASDAQ:USTB opened at $49.44 on Friday. VictoryShares Short-Term Bond ETF has a 12 month low of $48.37 and a 12 month high of $49.96. The business’s 50 day simple moving average is $49.65 and its 200-day simple moving average is $49.38.

VictoryShares Short-Term Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, April 12th were issued a $0.2247 dividend. This represents a $2.70 annualized dividend and a yield of 5.45%. The ex-dividend date of this dividend was Thursday, April 11th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Elk River Wealth Management LLC acquired a new stake in VictoryShares Short-Term Bond ETF in the 4th quarter valued at about $1,562,000. Masso Torrence Wealth Management Inc. grew its position in shares of VictoryShares Short-Term Bond ETF by 1.8% in the third quarter. Masso Torrence Wealth Management Inc. now owns 63,705 shares of the company’s stock valued at $3,116,000 after purchasing an additional 1,149 shares during the last quarter. Windsor Wealth Management Inc. increased its stake in shares of VictoryShares Short-Term Bond ETF by 67.4% during the 3rd quarter. Windsor Wealth Management Inc. now owns 17,931 shares of the company’s stock worth $877,000 after purchasing an additional 7,218 shares in the last quarter. Creative Financial Designs Inc. ADV acquired a new position in shares of VictoryShares Short-Term Bond ETF during the 4th quarter worth approximately $6,659,000. Finally, StrategIQ Financial Group LLC lifted its stake in VictoryShares Short-Term Bond ETF by 28.5% in the 4th quarter. StrategIQ Financial Group LLC now owns 216,578 shares of the company’s stock valued at $10,740,000 after buying an additional 48,086 shares in the last quarter.

VictoryShares Short-Term Bond ETF Company Profile

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.