Short Interest in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Expands By 497.4%

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 113,500 shares, an increase of 497.4% from the January 31st total of 19,000 shares. Based on an average trading volume of 213,400 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On VictoryShares Core Intermediate Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Fifth Third Bancorp lifted its position in shares of VictoryShares Core Intermediate Bond ETF by 116.5% during the 4th quarter. Fifth Third Bancorp now owns 2,360 shares of the company’s stock valued at $108,000 after acquiring an additional 1,270 shares during the period. Janney Montgomery Scott LLC increased its stake in VictoryShares Core Intermediate Bond ETF by 299.7% in the third quarter. Janney Montgomery Scott LLC now owns 27,338 shares of the company’s stock valued at $1,310,000 after purchasing an additional 20,498 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of VictoryShares Core Intermediate Bond ETF by 96.2% during the third quarter. Thrivent Financial for Lutherans now owns 28,995 shares of the company’s stock valued at $1,390,000 after purchasing an additional 14,216 shares during the period. Flagship Harbor Advisors LLC boosted its position in shares of VictoryShares Core Intermediate Bond ETF by 33.0% during the 4th quarter. Flagship Harbor Advisors LLC now owns 6,790 shares of the company’s stock worth $312,000 after purchasing an additional 1,684 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of VictoryShares Core Intermediate Bond ETF in the 3rd quarter valued at about $520,000.

VictoryShares Core Intermediate Bond ETF Price Performance

Shares of NASDAQ:UITB opened at $47.07 on Friday. VictoryShares Core Intermediate Bond ETF has a 1 year low of $45.00 and a 1 year high of $48.31. The business’s 50-day moving average is $46.09 and its 200-day moving average is $46.81.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were issued a $0.1528 dividend. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous dividend of $0.03. The ex-dividend date of this dividend was Friday, February 7th.

About VictoryShares Core Intermediate Bond ETF

The Victory Portfolios II VictoryShares Core Intermediate Bond ETF (UITB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three to ten years. UITB was launched on Oct 24, 2017 and is managed by VictoryShares.