Short Interest in VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Expands By 340.8%

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 97,900 shares, a growth of 340.8% from the January 15th total of 22,212 shares. Based on an average daily trading volume, of 558,571 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 558,571 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in UBND. Comprehensive Financial Planning Inc. PA purchased a new stake in VictoryShares Core Plus Intermediate Bond ETF in the 4th quarter worth approximately $25,000. N.E.W. Advisory Services LLC purchased a new stake in VictoryShares Core Plus Intermediate Bond ETF in the fourth quarter valued at approximately $26,000. Global Retirement Partners LLC purchased a new position in VictoryShares Core Plus Intermediate Bond ETF in the 4th quarter worth approximately $33,000. Comerica Bank raised its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 44.4% during the 1st quarter. Comerica Bank now owns 2,597 shares of the company’s stock valued at $57,000 after buying an additional 799 shares in the last quarter. Finally, Assetmark Inc. bought a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF during the 3rd quarter worth $61,000.

VictoryShares Core Plus Intermediate Bond ETF Stock Performance

VictoryShares Core Plus Intermediate Bond ETF stock opened at $22.11 on Friday. VictoryShares Core Plus Intermediate Bond ETF has a 52-week low of $21.17 and a 52-week high of $22.41. The stock’s 50 day moving average price is $22.00 and its two-hundred day moving average price is $22.01.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Monday, February 9th were given a dividend of $0.0862 per share. The ex-dividend date of this dividend was Monday, February 9th. This is a positive change from VictoryShares Core Plus Intermediate Bond ETF’s previous monthly dividend of $0.01. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

About VictoryShares Core Plus Intermediate Bond ETF

The VictoryShares Core Plus Intermediate Bond ETF (UBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds intermediate-term bonds of any type and rating that exhibit positive ESG characteristics. UBND was launched on Oct 4, 2021 and is managed by VictoryShares.