VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Short Interest Update

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the recipient of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 96,100 shares, a growth of 54.0% from the October 15th total of 62,400 shares. Based on an average daily trading volume, of 86,800 shares, the days-to-cover ratio is presently 1.1 days.

VictoryShares Short-Term Bond ETF Stock Performance

NASDAQ:USTB opened at $50.24 on Friday. The stock’s 50 day moving average price is $50.56 and its 200 day moving average price is $50.20. VictoryShares Short-Term Bond ETF has a 52-week low of $48.83 and a 52-week high of $50.92.

VictoryShares Short-Term Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, November 7th were paid a $0.2103 dividend. The ex-dividend date was Thursday, November 7th. This represents a $2.52 annualized dividend and a dividend yield of 5.02%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of USTB. Fortitude Family Office LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter worth $91,000. Octavia Wealth Advisors LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter worth approximately $221,000. SageView Advisory Group LLC grew its holdings in shares of VictoryShares Short-Term Bond ETF by 47.6% in the 1st quarter. SageView Advisory Group LLC now owns 6,115 shares of the company’s stock worth $305,000 after acquiring an additional 1,973 shares during the period. Burt Wealth Advisors lifted its stake in VictoryShares Short-Term Bond ETF by 5.3% in the 3rd quarter. Burt Wealth Advisors now owns 7,010 shares of the company’s stock valued at $356,000 after buying an additional 350 shares in the last quarter. Finally, Private Client Services LLC purchased a new stake in VictoryShares Short-Term Bond ETF in the 3rd quarter valued at approximately $404,000.

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.