VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Sees Significant Drop in Short Interest

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) saw a large decrease in short interest in January. As of January 15th, there was short interest totalling 19,900 shares, a decrease of 51.5% from the December 31st total of 41,000 shares. Based on an average daily volume of 164,400 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of VictoryShares Core Intermediate Bond ETF

Hedge funds have recently bought and sold shares of the business. Fifth Third Bancorp raised its stake 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 worth $108,000 after purchasing an additional 1,270 shares during the period. Fortune Financial Advisors LLC bought a new stake in shares of VictoryShares Core Intermediate Bond ETF in the fourth quarter valued at $212,000. Ameritas Advisory Services LLC purchased a new position in shares of VictoryShares Core Intermediate Bond ETF during the 4th quarter valued at $246,000. Perigon Wealth Management LLC bought a new position in shares of VictoryShares Core Intermediate Bond ETF during the 4th quarter worth $246,000. Finally, Princeton Global Asset Management LLC purchased a new stake in VictoryShares Core Intermediate Bond ETF in the 3rd quarter worth about $292,000.

VictoryShares Core Intermediate Bond ETF Trading Down 0.2 %

UITB stock traded down $0.11 during mid-day trading on Friday, reaching $46.14. The company’s stock had a trading volume of 73,218 shares, compared to its average volume of 282,536. VictoryShares Core Intermediate Bond ETF has a 12 month low of $45.00 and a 12 month high of $48.31. The business’s 50 day moving average price is $46.20 and its 200 day moving average price is $46.88.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, January 8th were given a dividend of $0.0299 per share. The ex-dividend date of this dividend was Wednesday, January 8th.

VictoryShares Core Intermediate Bond ETF Company Profile

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.