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

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 30,200 shares, an increase of 36.0% from the November 15th total of 22,200 shares. Based on an average daily trading volume, of 103,700 shares, the short-interest ratio is currently 0.3 days.

VictoryShares Short-Term Bond ETF Price Performance

USTB traded down $0.04 during mid-day trading on Friday, reaching $50.16. 153,230 shares of the stock were exchanged, compared to its average volume of 77,655. VictoryShares Short-Term Bond ETF has a 1 year low of $49.25 and a 1 year high of $50.92. The company has a 50 day moving average price of $50.40 and a two-hundred day moving average price of $50.31.

VictoryShares Short-Term Bond ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, December 12th were issued a dividend of $0.3598 per share. The ex-dividend date was Thursday, December 12th.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pine Valley Investments Ltd Liability Co grew its holdings in shares of VictoryShares Short-Term Bond ETF by 12.7% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 117,976 shares of the company’s stock valued at $5,994,000 after acquiring an additional 13,266 shares in the last quarter. Orion Portfolio Solutions LLC grew its stake in VictoryShares Short-Term Bond ETF by 1.1% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 36,845 shares of the company’s stock valued at $1,872,000 after purchasing an additional 401 shares during the period. Stifel Financial Corp increased its position in shares of VictoryShares Short-Term Bond ETF by 8.9% during the 3rd quarter. Stifel Financial Corp now owns 51,451 shares of the company’s stock valued at $2,614,000 after purchasing an additional 4,192 shares during the last quarter. IHT Wealth Management LLC raised its stake in shares of VictoryShares Short-Term Bond ETF by 124.5% during the 3rd quarter. IHT Wealth Management LLC now owns 14,299 shares of the company’s stock worth $727,000 after purchasing an additional 7,929 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its holdings in shares of VictoryShares Short-Term Bond ETF by 53.7% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 29,697 shares of the company’s stock worth $1,509,000 after buying an additional 10,371 shares during the last quarter.

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.