VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Up 422.8% in May

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 160,700 shares, an increase of 422.8% from the April 30th total of 30,738 shares. Based on an average daily trading volume, of 114,608 shares, the short-interest ratio is currently 1.4 days. Currently, 0.3% of the shares of the company are sold short.

VictoryShares Core Intermediate Bond ETF Stock Up 0.1%

UITB traded up $0.06 on Friday, reaching $46.87. The company had a trading volume of 94,002 shares, compared to its average volume of 188,395. VictoryShares Core Intermediate Bond ETF has a fifty-two week low of $46.12 and a fifty-two week high of $48.06. The company’s fifty day moving average is $46.87 and its 200 day moving average is $47.27.

VictoryShares Core Intermediate Bond ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, May 11th. Investors of record on Friday, May 8th were paid a $0.1628 dividend. The ex-dividend date was Friday, May 8th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Thrivent Financial for Lutherans grew its stake in VictoryShares Core Intermediate Bond ETF by 522.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 114,178 shares of the company’s stock valued at $5,426,000 after buying an additional 95,848 shares during the last quarter. HORAN Wealth LLC grew its stake in VictoryShares Core Intermediate Bond ETF by 6.9% in the 3rd quarter. HORAN Wealth LLC now owns 371,946 shares of the company’s stock valued at $17,675,000 after buying an additional 23,929 shares during the last quarter. Planning Directions Inc. grew its stake in VictoryShares Core Intermediate Bond ETF by 6.2% in the 3rd quarter. Planning Directions Inc. now owns 241,373 shares of the company’s stock valued at $11,470,000 after buying an additional 14,032 shares during the last quarter. MBL Wealth LLC grew its stake in VictoryShares Core Intermediate Bond ETF by 6.7% in the 4th quarter. MBL Wealth LLC now owns 662,549 shares of the company’s stock valued at $31,375,000 after buying an additional 41,767 shares during the last quarter. Finally, Greenup Street Wealth Management LLC bought a new stake in VictoryShares Core Intermediate Bond ETF in the 4th quarter valued at about $21,013,000.

About VictoryShares Core Intermediate Bond ETF

The Victory Portfolios II VictoryShares Core Intermediate Bond ETF (UITB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three to ten years. UITB was launched on Oct 24, 2017 and is managed by VictoryShares.