Short Interest in VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Rises By 42.4%

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 20,458 shares, a growth of 42.4% from the January 15th total of 14,367 shares. Based on an average daily volume of 264,103 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 264,103 shares, the short-interest ratio is currently 0.1 days.

VictoryShares US Small Mid Cap Value Momentum ETF Trading Up 1.0%

Shares of NASDAQ USVM opened at $99.78 on Friday. VictoryShares US Small Mid Cap Value Momentum ETF has a 12-month low of $68.07 and a 12-month high of $101.26. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of 15.38 and a beta of 1.04. The firm has a 50 day moving average of $95.15 and a 200 day moving average of $91.11.

VictoryShares US Small Mid Cap Value Momentum ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Monday, February 9th were given a dividend of $0.1137 per share. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, February 9th. This is a positive change from VictoryShares US Small Mid Cap Value Momentum ETF’s previous monthly dividend of $0.06.

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

A number of institutional investors have recently bought and sold shares of USVM. Bessemer Group Inc. purchased a new position in VictoryShares US Small Mid Cap Value Momentum ETF during the second quarter valued at $94,000. JPMorgan Chase & Co. raised its stake in shares of VictoryShares US Small Mid Cap Value Momentum ETF by 3,759.8% in the third quarter. JPMorgan Chase & Co. now owns 3,937 shares of the company’s stock worth $357,000 after buying an additional 3,835 shares during the period. Finally, Nova Wealth Management Inc. raised its stake in shares of VictoryShares US Small Mid Cap Value Momentum ETF by 84.7% in the third quarter. Nova Wealth Management Inc. now owns 4,188 shares of the company’s stock worth $379,000 after buying an additional 1,920 shares during the period.

About VictoryShares US Small Mid Cap Value Momentum ETF

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.