VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Sees Large Decrease in Short Interest

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 8,100 shares, a decrease of 96.8% from the February 29th total of 251,800 shares. Based on an average daily trading volume, of 147,000 shares, the days-to-cover ratio is presently 0.1 days.

VictoryShares Core Intermediate Bond ETF Trading Up 0.2 %

Shares of NASDAQ UITB opened at $46.40 on Thursday. The business has a 50 day simple moving average of $46.25 and a 200-day simple moving average of $45.59. VictoryShares Core Intermediate Bond ETF has a twelve month low of $43.14 and a twelve month high of $47.35.

VictoryShares Core Intermediate Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 13th. Stockholders of record on Tuesday, March 12th were given a dividend of $0.1397 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date was Monday, March 11th.

Institutional Investors Weigh In On VictoryShares Core Intermediate Bond ETF

Hedge funds have recently added to or reduced their stakes in the stock. UBS Group AG bought a new position in shares of VictoryShares Core Intermediate Bond ETF in the first quarter worth $26,000. CWM LLC acquired a new stake in VictoryShares Core Intermediate Bond ETF during the 4th quarter worth about $34,000. Concourse Financial Group Securities Inc. purchased a new stake in shares of VictoryShares Core Intermediate Bond ETF in the 3rd quarter valued at approximately $56,000. Advisor Group Holdings Inc. boosted its position in shares of VictoryShares Core Intermediate Bond ETF by 685.2% in the fourth quarter. Advisor Group Holdings Inc. now owns 1,908 shares of the company’s stock worth $87,000 after buying an additional 1,665 shares during the period. Finally, Charles Schwab Investment Advisory Inc. purchased a new position in VictoryShares Core Intermediate Bond ETF during the first quarter valued at approximately $225,000.

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.