VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Update

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) saw a large growth in short interest in October. As of October 31st, there was short interest totalling 500 shares, a growth of 400.0% from the October 15th total of 100 shares. Based on an average daily trading volume, of 10,000 shares, the short-interest ratio is currently 0.1 days.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance

VictoryShares US Multi-Factor Minimum Volatility ETF stock opened at $49.89 on Wednesday. VictoryShares US Multi-Factor Minimum Volatility ETF has a 52 week low of $40.18 and a 52 week high of $50.16. The stock has a market capitalization of $134.69 million, a P/E ratio of 18.68 and a beta of 0.79. The stock has a fifty day moving average of $48.28 and a 200-day moving average of $46.61.

VictoryShares US Multi-Factor Minimum Volatility ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were issued a dividend of $0.0205 per share. The ex-dividend date was Thursday, November 7th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.49%.

Hedge Funds Weigh In On VictoryShares US Multi-Factor Minimum Volatility ETF

A number of institutional investors and hedge funds have recently bought and sold shares of VSMV. Cetera Advisors LLC acquired a new position in VictoryShares US Multi-Factor Minimum Volatility ETF in the 1st quarter worth about $260,000. Lindenwold Advisors INC increased its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 5.2% in the 3rd quarter. Lindenwold Advisors INC now owns 5,548 shares of the company’s stock worth $270,000 after purchasing an additional 275 shares in the last quarter. Great Valley Advisor Group Inc. increased its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 18.2% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 346,153 shares of the company’s stock worth $15,729,000 after purchasing an additional 53,373 shares in the last quarter. Finally, Tower Wealth Partners Inc. increased its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 2.3% in the 2nd quarter. Tower Wealth Partners Inc. now owns 405,459 shares of the company’s stock worth $18,424,000 after purchasing an additional 8,973 shares in the last quarter.

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.