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

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 268,400 shares, an increase of 643.5% from the February 28th total of 36,100 shares. Based on an average daily volume of 128,000 shares, the days-to-cover ratio is presently 2.1 days. Currently, 1.4% of the company’s shares are sold short.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

A number of institutional investors have recently bought and sold shares of the stock. Northeast Planning Associates INC. NH purchased a new stake in shares of VictoryShares Short-Term Bond ETF during the 4th quarter valued at $12,150,000. Wealth Enhancement Advisory Services LLC grew its position in VictoryShares Short-Term Bond ETF by 4,092.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 226,542 shares of the company’s stock valued at $11,372,000 after acquiring an additional 221,139 shares during the period. Ameriflex Group Inc. acquired a new stake in VictoryShares Short-Term Bond ETF during the fourth quarter worth about $40,000. Focus Partners Advisor Solutions LLC purchased a new position in shares of VictoryShares Short-Term Bond ETF in the 4th quarter worth about $618,000. Finally, Waverly Advisors LLC raised its holdings in shares of VictoryShares Short-Term Bond ETF by 12.4% in the 4th quarter. Waverly Advisors LLC now owns 315,536 shares of the company’s stock worth $15,840,000 after purchasing an additional 34,835 shares during the period.

VictoryShares Short-Term Bond ETF Stock Up 0.1 %

Shares of NASDAQ:USTB opened at $50.59 on Friday. The business has a fifty day simple moving average of $50.47 and a 200-day simple moving average of $50.43. VictoryShares Short-Term Bond ETF has a 52 week low of $49.29 and a 52 week high of $50.92.

VictoryShares Short-Term Bond 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 given a $0.193 dividend. The ex-dividend date of this dividend was Monday, March 10th. This is a boost from VictoryShares Short-Term Bond ETF’s previous dividend of $0.19.

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.