VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Short Interest Up 243.5% in July

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 125,145 shares, an increase of 243.5% from the July 15th total of 36,434 shares. Based on an average trading volume of 380,668 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Trading of VictoryShares Short-Term Bond ETF

Institutional investors have recently added to or reduced their stakes in the stock. Redhawk Wealth Advisors Inc. increased its holdings in VictoryShares Short-Term Bond ETF by 4.3% in the second quarter. Redhawk Wealth Advisors Inc. now owns 276,282 shares of the company’s stock valued at $13,985,000 after buying an additional 11,497 shares in the last quarter. Marquette Asset Management LLC boosted its stake in shares of VictoryShares Short-Term Bond ETF by 4.8% during the 2nd quarter. Marquette Asset Management LLC now owns 550,446 shares of the company’s stock worth $27,864,000 after acquiring an additional 25,013 shares in the last quarter. Apella Capital LLC grew its holdings in shares of VictoryShares Short-Term Bond ETF by 10.0% in the 2nd quarter. Apella Capital LLC now owns 242,085 shares of the company’s stock worth $12,254,000 after acquiring an additional 22,075 shares during the period. M.E. Allison & CO. Inc. grew its holdings in shares of VictoryShares Short-Term Bond ETF by 2.2% in the 2nd quarter. M.E. Allison & CO. Inc. now owns 11,514 shares of the company’s stock worth $583,000 after acquiring an additional 245 shares during the period. Finally, Stonebridge Financial Group LLC grew its holdings in shares of VictoryShares Short-Term Bond ETF by 5.2% in the 2nd quarter. Stonebridge Financial Group LLC now owns 927,201 shares of the company’s stock worth $46,935,000 after acquiring an additional 45,870 shares during the period.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of NASDAQ USTB opened at $50.47 on Friday. VictoryShares Short-Term Bond ETF has a one year low of $50.31 and a one year high of $51.12. The company’s fifty day moving average is $50.50 and its two-hundred day moving average is $50.65.

VictoryShares Short-Term Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were issued a $0.1723 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Friday, August 7th.

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.