VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Up 140.0% in May

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV – Get Rating) saw a large growth in short interest in May. As of May 15th, there was short interest totalling 1,200 shares, a growth of 140.0% from the April 30th total of 500 shares. Based on an average daily trading volume, of 4,200 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On VictoryShares US Multi-Factor Minimum Volatility ETF

Large investors have recently modified their holdings of the stock. Fifth Third Bancorp purchased a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the fourth quarter worth approximately $29,000. UBS Group AG increased its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 345.7% in the third quarter. UBS Group AG now owns 1,520 shares of the company’s stock worth $53,000 after acquiring an additional 1,179 shares during the last quarter. Lindenwold Advisors INC acquired a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the fourth quarter worth $203,000. Trust Investment Advisors acquired a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the fourth quarter worth $203,000. Finally, Atria Wealth Solutions Inc. acquired a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the first quarter worth $221,000.

VictoryShares US Multi-Factor Minimum Volatility ETF Price Performance

Shares of VSMV remained flat at $38.72 during midday trading on Friday. The stock had a trading volume of 1,533 shares, compared to its average volume of 4,463. The firm has a 50 day moving average of $39.14 and a 200 day moving average of $38.56. The firm has a market cap of $120.04 million, a P/E ratio of 16.26 and a beta of 0.79. VictoryShares US Multi-Factor Minimum Volatility ETF has a 12 month low of $34.52 and a 12 month high of $40.12.

VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 12th. Stockholders of record on Thursday, May 11th were paid a $0.044 dividend. The ex-dividend date of this dividend was Wednesday, May 10th. This represents a $0.53 annualized dividend and a dividend yield of 1.36%.

VictoryShares US Multi-Factor Minimum Volatility ETF Company Profile

(Get Rating)

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.