Short Interest in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Grows By 28.3%

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 48,623 shares, a growth of 28.3% from the December 15th total of 37,885 shares. Based on an average daily volume of 126,122 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 126,122 shares, the short-interest ratio is currently 0.4 days.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of USTB opened at $50.84 on Tuesday. VictoryShares Short-Term Bond ETF has a fifty-two week low of $50.10 and a fifty-two week high of $51.12. The company’s fifty day moving average is $50.86 and its 200 day moving average is $50.86.

VictoryShares Short-Term Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 9th. Investors of record on Thursday, January 8th were given a $0.0341 dividend. This represents a c) dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, January 8th.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Merit Financial Group LLC grew its position in shares of VictoryShares Short-Term Bond ETF by 5,778.3% during the 3rd quarter. Merit Financial Group LLC now owns 2,430,797 shares of the company’s stock worth $123,946,000 after buying an additional 2,389,445 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of VictoryShares Short-Term Bond ETF by 31.6% in the 2nd quarter. Bank of America Corp DE now owns 1,302,472 shares of the company’s stock valued at $66,192,000 after purchasing an additional 312,543 shares in the last quarter. Stonebridge Financial Group LLC lifted its position in shares of VictoryShares Short-Term Bond ETF by 121.1% in the 2nd quarter. Stonebridge Financial Group LLC now owns 550,995 shares of the company’s stock worth $28,002,000 after purchasing an additional 301,786 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of VictoryShares Short-Term Bond ETF by 75.1% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 504,794 shares of the company’s stock valued at $25,613,000 after purchasing an additional 216,521 shares in the last quarter. Finally, HORAN Wealth LLC purchased a new stake in VictoryShares Short-Term Bond ETF during the second quarter worth $10,228,000.

VictoryShares Short-Term Bond ETF Company Profile

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.