VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Short Interest Down 32.5% in February

VictoryShares Short-Term Bond ETF (NASDAQ:USTBGet Free Report) was the target of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 22,805 shares, a decrease of 32.5% from the February 12th total of 33,777 shares. Based on an average daily volume of 150,837 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 150,837 shares, the days-to-cover ratio is presently 0.2 days.

VictoryShares Short-Term Bond ETF Price Performance

USTB stock opened at $50.65 on Friday. VictoryShares Short-Term Bond ETF has a 12 month low of $50.10 and a 12 month high of $51.12. The company’s 50-day moving average price is $50.94 and its two-hundred day moving average price is $50.92.

VictoryShares Short-Term Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 11th. Investors of record on Tuesday, March 10th were given a dividend of $0.1896 per share. The ex-dividend date was Tuesday, March 10th. This represents a c) annualized dividend and a dividend yield of 4.5%. This is a positive change from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Sunbelt Securities Inc. bought a new stake in VictoryShares Short-Term Bond ETF during the third quarter worth $30,000. JPMorgan Chase & Co. bought a new position in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter valued at $32,000. Global Retirement Partners LLC bought a new position in shares of VictoryShares Short-Term Bond ETF in the 4th quarter valued at $33,000. Aptus Capital Advisors LLC acquired a new position in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter worth $72,000. Finally, Private Trust Co. NA raised its holdings in shares of VictoryShares Short-Term Bond ETF by 25.5% during the 3rd quarter. Private Trust Co. NA now owns 1,454 shares of the company’s stock worth $74,000 after buying an additional 295 shares in the last quarter.

About VictoryShares Short-Term Bond ETF

(Get Free Report)

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.

Further Reading

Receive News & Ratings for VictoryShares Short-Term Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VictoryShares Short-Term Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.