VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Update

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 21,931 shares, a drop of 86.4% from the May 14th total of 160,700 shares. Based on an average daily volume of 209,177 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

VictoryShares Core Intermediate Bond ETF Stock Performance

UITB opened at $46.73 on Friday. The company’s 50 day moving average is $46.84 and its 200-day moving average is $47.22. VictoryShares Core Intermediate Bond ETF has a 1-year low of $46.12 and a 1-year high of $48.06.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were paid a $0.1654 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Tuesday, June 9th.

Institutional Investors Weigh In On VictoryShares Core Intermediate Bond ETF

A number of hedge funds have recently made changes to their positions in the stock. Pine Valley Investments Ltd Liability Co boosted its stake in shares of VictoryShares Core Intermediate Bond ETF by 7.8% in the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 577,056 shares of the company’s stock valued at $27,131,000 after purchasing an additional 41,638 shares in the last quarter. Allen Capital Group LLC boosted its position in VictoryShares Core Intermediate Bond ETF by 8.2% during the 1st quarter. Allen Capital Group LLC now owns 1,113,941 shares of the company’s stock worth $52,374,000 after buying an additional 84,462 shares during the period. Western Wealth Management LLC acquired a new stake in VictoryShares Core Intermediate Bond ETF during the 1st quarter worth approximately $81,000. Bank of America Corp DE boosted its position in VictoryShares Core Intermediate Bond ETF by 6.2% during the 1st quarter. Bank of America Corp DE now owns 1,396,762 shares of the company’s stock worth $65,672,000 after buying an additional 82,026 shares during the period. Finally, Royal Bank of Canada boosted its position in VictoryShares Core Intermediate Bond ETF by 1.0% during the 1st quarter. Royal Bank of Canada now owns 151,408 shares of the company’s stock worth $7,119,000 after buying an additional 1,542 shares during the period.

VictoryShares Core Intermediate Bond ETF Company Profile

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.