Short Interest in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Decreases By 64.9%

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 24,394 shares, a drop of 64.9% from the January 15th total of 69,430 shares. Based on an average daily volume of 233,316 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 233,316 shares, the short-interest ratio is presently 0.1 days.

VictoryShares Short-Term Bond ETF Trading Up 0.0%

Shares of NASDAQ USTB opened at $50.89 on Wednesday. The company has a 50-day simple moving average of $50.88 and a 200-day simple moving average of $50.90. VictoryShares Short-Term Bond ETF has a 12 month low of $50.10 and a 12 month high of $51.12.

VictoryShares Short-Term Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, February 10th. Shareholders of record on Monday, February 9th were paid a $0.1831 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Monday, February 9th. This is an increase from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.03.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Royal Bank of Canada grew its position in shares of VictoryShares Short-Term Bond ETF by 24.2% in the first quarter. Royal Bank of Canada now owns 180,245 shares of the company’s stock valued at $9,129,000 after purchasing an additional 35,065 shares during the period. Jane Street Group LLC boosted its stake in VictoryShares Short-Term Bond ETF by 261.8% in the 1st quarter. Jane Street Group LLC now owns 72,121 shares of the company’s stock worth $3,653,000 after buying an additional 52,185 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in VictoryShares Short-Term Bond ETF by 86.5% in the 2nd quarter. Janney Montgomery Scott LLC now owns 20,193 shares of the company’s stock valued at $1,026,000 after buying an additional 9,364 shares during the period. Madison Wealth Partners Inc grew its holdings in VictoryShares Short-Term Bond ETF by 15.7% in the 2nd quarter. Madison Wealth Partners Inc now owns 28,186 shares of the company’s stock valued at $1,432,000 after buying an additional 3,828 shares during the period. Finally, Darrow Company Inc. increased its stake in shares of VictoryShares Short-Term Bond ETF by 2.9% during the 2nd quarter. Darrow Company Inc. now owns 80,578 shares of the company’s stock valued at $4,095,000 after acquiring an additional 2,243 shares during the last quarter.

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.