VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Short Interest Up 112.3% in November

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 13,800 shares, an increase of 112.3% from the November 15th total of 6,500 shares. Based on an average daily volume of 7,500 shares, the short-interest ratio is presently 1.8 days.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Performance

Shares of USVM opened at $89.96 on Thursday. The stock has a 50 day simple moving average of $87.69 and a 200 day simple moving average of $82.96. VictoryShares US Small Mid Cap Value Momentum ETF has a 52-week low of $69.27 and a 52-week high of $93.41. The firm has a market capitalization of $296.87 million, a PE ratio of 11.30 and a beta of 1.11.

VictoryShares US Small Mid Cap Value Momentum ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Investors of record on Thursday, November 7th were given a $0.0243 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.29 annualized dividend and a yield of 0.32%.

VictoryShares US Small Mid Cap Value Momentum ETF Company Profile

The VictoryShares US Small Mid Cap Value Momentum ETF (USVM) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index of small- and mid-cap US stocks that are selected by equal parts value and momentum, and weighted by volatility. USVM was launched on Oct 24, 2017 and is managed by VictoryShares.