Short Interest in VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Increases By 857.1%

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 20,100 shares, a growth of 857.1% from the January 15th total of 2,100 shares. Based on an average daily volume of 121,900 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On VictoryShares US Small Mid Cap Value Momentum ETF

An institutional investor recently bought a new position in VictoryShares US Small Mid Cap Value Momentum ETF stock. Comprehensive Financial Planning Inc. PA bought a new stake in VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,570 shares of the company’s stock, valued at approximately $132,000.

VictoryShares US Small Mid Cap Value Momentum ETF Price Performance

VictoryShares US Small Mid Cap Value Momentum ETF stock opened at $85.80 on Friday. The firm has a 50 day simple moving average of $86.31 and a 200-day simple moving average of $85.20. The stock has a market cap of $862.29 million, a price-to-earnings ratio of 11.30 and a beta of 1.11. VictoryShares US Small Mid Cap Value Momentum ETF has a 1-year low of $73.46 and a 1-year high of $93.41.

VictoryShares US Small Mid Cap Value Momentum ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were given a $0.0307 dividend. The ex-dividend date of this dividend was Friday, February 7th.

About VictoryShares US Small Mid Cap Value Momentum ETF

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.