VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Short Interest Update

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 20,458 shares, a growth of 42.4% from the January 15th total of 14,367 shares. Based on an average daily volume of 264,103 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 264,103 shares, the days-to-cover ratio is presently 0.1 days.

VictoryShares US Small Mid Cap Value Momentum ETF Price Performance

USVM opened at $99.78 on Tuesday. The firm has a market capitalization of $1.41 billion, a P/E ratio of 15.38 and a beta of 1.04. VictoryShares US Small Mid Cap Value Momentum ETF has a one year low of $68.07 and a one year high of $101.26. The company has a fifty day moving average price of $95.32 and a 200-day moving average price of $91.27.

VictoryShares US Small Mid Cap Value Momentum ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, February 10th. Shareholders of record on Monday, February 9th were paid a $0.1137 dividend. The ex-dividend date was Monday, February 9th. This represents a c) dividend on an annualized basis and a yield of 1.4%. This is an increase from VictoryShares US Small Mid Cap Value Momentum ETF’s previous monthly dividend of $0.06.

Institutional Trading of VictoryShares US Small Mid Cap Value Momentum ETF

Large investors have recently modified their holdings of the business. Bessemer Group Inc. purchased a new stake in VictoryShares US Small Mid Cap Value Momentum ETF in the second quarter valued at approximately $94,000. Nova Wealth Management Inc. grew its stake in VictoryShares US Small Mid Cap Value Momentum ETF by 5.3% in the 4th quarter. Nova Wealth Management Inc. now owns 4,410 shares of the company’s stock worth $403,000 after buying an additional 222 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of VictoryShares US Small Mid Cap Value Momentum ETF by 3,759.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,937 shares of the company’s stock valued at $357,000 after buying an additional 3,835 shares in the last quarter.

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.