VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Short Interest Down 64.9% in January

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the recipient of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 24,394 shares, a decline of 64.9% from the January 15th total of 69,430 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 233,316 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 233,316 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

VictoryShares Short-Term Bond ETF Stock Up 0.1%

USTB stock opened at $50.95 on Friday. The firm’s 50-day moving average is $50.87 and its 200 day moving average is $50.90. VictoryShares Short-Term Bond ETF has a 12 month low of $50.10 and a 12 month high of $51.12.

VictoryShares Short-Term Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 10th. Shareholders of record on Monday, February 9th were issued a dividend of $0.1831 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date was Monday, February 9th. This is an increase from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.03.

Institutional Trading of VictoryShares Short-Term Bond ETF

Hedge funds have recently modified their holdings of the company. Royal Bank of Canada grew its holdings in shares of VictoryShares Short-Term Bond ETF by 24.2% during the first quarter. Royal Bank of Canada now owns 180,245 shares of the company’s stock valued at $9,129,000 after buying an additional 35,065 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of VictoryShares Short-Term Bond ETF by 261.8% in the first quarter. Jane Street Group LLC now owns 72,121 shares of the company’s stock worth $3,653,000 after buying an additional 52,185 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in VictoryShares Short-Term Bond ETF by 86.5% during the second quarter. Janney Montgomery Scott LLC now owns 20,193 shares of the company’s stock worth $1,026,000 after acquiring an additional 9,364 shares during the period. Madison Wealth Partners Inc grew its holdings in VictoryShares Short-Term Bond ETF by 15.7% during the second quarter. Madison Wealth Partners Inc now owns 28,186 shares of the company’s stock worth $1,432,000 after acquiring an additional 3,828 shares during the period. Finally, Darrow Company Inc. grew its stake in shares of VictoryShares Short-Term Bond ETF by 2.9% during the 2nd quarter. Darrow Company Inc. now owns 80,578 shares of the company’s stock worth $4,095,000 after purchasing an additional 2,243 shares during the period.

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.