VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Stock Short Interest Jumps 83.6%

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 24,029 shares, a growth of 83.6% from the September 15th total of 13,090 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 274,797 shares, the short-interest ratio is currently 0.1 days.

VictoryShares Core Intermediate Bond ETF Trading Down 0.0%

UITB stock traded down $0.02 during trading on Friday, reaching $45.01. 297,833 shares of the company’s stock were exchanged, compared to its average volume of 186,257. VictoryShares Core Intermediate Bond ETF has a 1-year low of $44.48 and a 1-year high of $48.06. The company’s fifty day moving average price is $45.49 and its 200-day moving average price is $46.27.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 8th were given a dividend of $0.1861 per share. This represents a $2.23 dividend on an annualized basis and a dividend yield of 5.0%. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.1657. The ex-dividend date of this dividend was Thursday, October 8th.

Institutional Trading of VictoryShares Core Intermediate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Farther Finance Advisors LLC raised its position in VictoryShares Core Intermediate Bond ETF by 14.5% during the third quarter. Farther Finance Advisors LLC now owns 2,302 shares of the company’s stock valued at $103,000 after buying an additional 291 shares during the period. Rockefeller Capital Management L.P. boosted its position in VictoryShares Core Intermediate Bond ETF by 46.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,606 shares of the company’s stock worth $76,000 after acquiring an additional 506 shares during the period. Goldstein Advisors LLC grew its stake in VictoryShares Core Intermediate Bond ETF by 8.4% during the 3rd quarter. Goldstein Advisors LLC now owns 8,305 shares of the company’s stock valued at $371,000 after acquiring an additional 645 shares in the last quarter. Princeton Global Asset Management LLC grew its stake in VictoryShares Core Intermediate Bond ETF by 8.9% during the 1st quarter. Princeton Global Asset Management LLC now owns 9,863 shares of the company’s stock valued at $464,000 after acquiring an additional 809 shares in the last quarter. Finally, Focus Financial Network Inc. grew its stake in VictoryShares Core Intermediate Bond ETF by 2.9% during the 3rd quarter. Focus Financial Network Inc. now owns 33,228 shares of the company’s stock valued at $1,483,000 after acquiring an additional 935 shares in the last quarter.

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.