Short Interest in VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Expands By 120.0%

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) saw a significant growth in short interest in March. As of March 31st, there was short interest totalling 1,100 shares, a growth of 120.0% from the March 15th total of 500 shares. Based on an average trading volume of 7,100 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

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

Hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the 4th quarter worth approximately $2,110,000. Great Valley Advisor Group Inc. increased its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 4.8% in the fourth quarter. Great Valley Advisor Group Inc. now owns 337,300 shares of the company’s stock worth $16,201,000 after buying an additional 15,351 shares during the period. Independent Advisor Alliance bought a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF in the fourth quarter valued at $496,000. Two Sigma Investments LP boosted its holdings in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 89.2% during the fourth quarter. Two Sigma Investments LP now owns 19,300 shares of the company’s stock valued at $927,000 after acquiring an additional 9,100 shares during the period. Finally, Jane Street Group LLC bought a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the third quarter worth about $324,000.

VictoryShares US Multi-Factor Minimum Volatility ETF Price Performance

Shares of VictoryShares US Multi-Factor Minimum Volatility ETF stock opened at $46.83 on Wednesday. VictoryShares US Multi-Factor Minimum Volatility ETF has a 1-year low of $42.82 and a 1-year high of $50.71. The company has a market capitalization of $107.71 million, a PE ratio of 21.71 and a beta of 0.79. The business has a 50-day moving average of $48.02 and a 200-day moving average of $48.64.

VictoryShares US Multi-Factor Minimum Volatility ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 11th. Shareholders of record on Thursday, April 10th were issued a dividend of $0.0685 per share. This represents a $0.82 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date was Thursday, April 10th. This is an increase from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.02.

VictoryShares US Multi-Factor Minimum Volatility ETF Company Profile

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.