VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Short Interest Up 105.7% in December

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 37,885 shares, an increase of 105.7% from the November 30th total of 18,417 shares. Based on an average trading volume of 141,892 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 141,892 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. increased its position in shares of VictoryShares Short-Term Bond ETF by 0.4% in the 3rd quarter. Victory Capital Management Inc. now owns 5,331,308 shares of the company’s stock worth $271,843,000 after purchasing an additional 20,000 shares during the last quarter. Merit Financial Group LLC grew its stake in VictoryShares Short-Term Bond ETF by 5,778.3% in the third quarter. Merit Financial Group LLC now owns 2,430,797 shares of the company’s stock worth $123,946,000 after purchasing an additional 2,389,445 shares in the last quarter. Bank of America Corp DE increased its holdings in VictoryShares Short-Term Bond ETF by 6.8% in the third quarter. Bank of America Corp DE now owns 1,390,580 shares of the company’s stock valued at $70,906,000 after buying an additional 88,108 shares during the last quarter. Amplius Wealth Advisors LLC raised its stake in VictoryShares Short-Term Bond ETF by 13.4% during the third quarter. Amplius Wealth Advisors LLC now owns 762,893 shares of the company’s stock valued at $38,900,000 after buying an additional 90,135 shares in the last quarter. Finally, Stonebridge Financial Group LLC lifted its holdings in VictoryShares Short-Term Bond ETF by 25.7% during the 3rd quarter. Stonebridge Financial Group LLC now owns 692,506 shares of the company’s stock worth $35,311,000 after buying an additional 141,511 shares during the last quarter.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of NASDAQ USTB opened at $50.80 on Monday. VictoryShares Short-Term Bond ETF has a fifty-two week low of $50.06 and a fifty-two week high of $51.12. The business has a 50 day moving average price of $50.89 and a two-hundred day moving average price of $50.84.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were issued a $0.3625 dividend. This is a boost from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18. This represents a c) annualized dividend and a yield of 8.6%. The ex-dividend date of this dividend was Thursday, December 11th.

About VictoryShares Short-Term Bond ETF

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.