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

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totalling 35,700 shares, a drop of 31.9% from the December 15th total of 52,400 shares. Based on an average daily trading volume, of 108,900 shares, the days-to-cover ratio is presently 0.3 days.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of NASDAQ USTB opened at $50.30 on Friday. The stock’s 50 day moving average price is $50.26 and its 200-day moving average price is $50.37. VictoryShares Short-Term Bond ETF has a twelve month low of $49.29 and a twelve month high of $50.92.

VictoryShares Short-Term Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, January 8th were given a $0.0439 dividend. The ex-dividend date was Wednesday, January 8th.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

Several large investors have recently made changes to their positions in USTB. Fortitude Family Office LLC bought a new position in VictoryShares Short-Term Bond ETF during the third quarter valued at about $91,000. Octavia Wealth Advisors LLC bought a new stake in VictoryShares Short-Term Bond ETF in the third quarter worth about $221,000. Burt Wealth Advisors grew its position in shares of VictoryShares Short-Term Bond ETF by 5.3% during the 3rd quarter. Burt Wealth Advisors now owns 7,010 shares of the company’s stock valued at $356,000 after acquiring an additional 350 shares during the period. Private Client Services LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter worth approximately $404,000. Finally, Squire Investment Management Company LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter worth approximately $431,000.

VictoryShares Short-Term Bond ETF Company Profile

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.