Short Interest in VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Drops By 93.7%

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the target of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 500 shares, a decrease of 93.7% from the February 28th total of 7,900 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 9,000 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of VictoryShares US Multi-Factor Minimum Volatility ETF

Several large investors have recently modified their holdings of VSMV. Cetera Investment Advisers raised its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 15.8% in the 4th quarter. Cetera Investment Advisers now owns 6,667 shares of the company’s stock valued at $320,000 after purchasing an additional 912 shares in the last quarter. Legacy Solutions LLC bought a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF in the fourth quarter valued at about $299,000. Jane Street Group LLC acquired a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF during the third quarter valued at approximately $324,000. Two Sigma Investments LP lifted its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 89.2% during the 4th quarter. Two Sigma Investments LP now owns 19,300 shares of the company’s stock worth $927,000 after buying an additional 9,100 shares during the last quarter. Finally, Independent Advisor Alliance bought a new position in VictoryShares US Multi-Factor Minimum Volatility ETF during the 4th quarter worth approximately $496,000.

VictoryShares US Multi-Factor Minimum Volatility ETF Price Performance

NASDAQ:VSMV opened at $48.33 on Thursday. The firm has a market cap of $111.16 million, a PE ratio of 21.25 and a beta of 0.79. The firm has a 50 day simple moving average of $48.85 and a 200-day simple moving average of $48.79. VictoryShares US Multi-Factor Minimum Volatility ETF has a 1-year low of $42.82 and a 1-year high of $50.71.

VictoryShares US Multi-Factor Minimum Volatility ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were issued a dividend of $0.07 per share. This is an increase from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous dividend of $0.03. The ex-dividend date of this dividend was Monday, March 10th.

About VictoryShares US Multi-Factor Minimum Volatility ETF

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.