VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Short Interest Up 38.5% in February

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the target of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 33,777 shares, an increase of 38.5% from the January 29th total of 24,394 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 220,652 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 220,652 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

VictoryShares Short-Term Bond ETF Price Performance

VictoryShares Short-Term Bond ETF stock opened at $51.10 on Monday. The company’s fifty day moving average price is $50.92 and its 200 day moving average price is $50.92. VictoryShares Short-Term Bond ETF has a 1 year low of $50.10 and a 1 year high of $51.12.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Monday, February 9th were given a $0.1831 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. This is a positive change from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.03. The ex-dividend date was Monday, February 9th.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of USTB. Commonwealth Equity Services LLC raised its holdings in shares of VictoryShares Short-Term Bond ETF by 12.8% during the third quarter. Commonwealth Equity Services LLC now owns 224,882 shares of the company’s stock valued at $11,467,000 after acquiring an additional 25,602 shares during the last quarter. Adapt Wealth Advisors LLC increased its position in shares of VictoryShares Short-Term Bond ETF by 6.3% during the second quarter. Adapt Wealth Advisors LLC now owns 168,943 shares of the company’s stock worth $8,586,000 after purchasing an additional 9,978 shares in the last quarter. ERn Financial LLC raised its stake in VictoryShares Short-Term Bond ETF by 6.9% in the 3rd quarter. ERn Financial LLC now owns 301,014 shares of the company’s stock valued at $15,349,000 after purchasing an additional 19,442 shares during the last quarter. Thrivent Financial for Lutherans acquired a new position in VictoryShares Short-Term Bond ETF in the 3rd quarter valued at $4,343,000. Finally, Envestnet Asset Management Inc. lifted its holdings in VictoryShares Short-Term Bond ETF by 17.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 48,449 shares of the company’s stock valued at $2,462,000 after purchasing an additional 7,223 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.