VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Update

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the target of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 3,900 shares, an increase of 178.6% from the November 15th total of 1,400 shares. Based on an average daily volume of 10,400 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On VictoryShares US Multi-Factor Minimum Volatility ETF

A number of institutional investors have recently modified their holdings of the business. Cetera Advisors LLC bought a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the first quarter worth $260,000. Lindenwold Advisors INC grew its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 5.2% during the 3rd quarter. Lindenwold Advisors INC now owns 5,548 shares of the company’s stock worth $270,000 after acquiring an additional 275 shares during the last quarter. Jane Street Group LLC acquired a new position in VictoryShares US Multi-Factor Minimum Volatility ETF in the 3rd quarter worth about $324,000. Finally, Tower Wealth Partners Inc. raised its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 2.3% in the second quarter. Tower Wealth Partners Inc. now owns 405,459 shares of the company’s stock valued at $18,424,000 after purchasing an additional 8,973 shares during the last quarter.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance

NASDAQ:VSMV opened at $49.66 on Thursday. VictoryShares US Multi-Factor Minimum Volatility ETF has a 52 week low of $41.60 and a 52 week high of $50.71. The firm’s 50-day simple moving average is $49.20 and its 200 day simple moving average is $47.48. The firm has a market cap of $134.08 million, a price-to-earnings ratio of 18.68 and a beta of 0.79.

VictoryShares US Multi-Factor Minimum Volatility ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, November 7th were issued a $0.0205 dividend. This represents a $0.25 annualized dividend and a yield of 0.50%. The ex-dividend date was Thursday, November 7th.

About VictoryShares US Multi-Factor Minimum Volatility ETF

The VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks, selected and weighted based on multiple factors. ETF optimization and constraints are used in order to minimize volatility.