VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Update

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 1,400 shares, a growth of 180.0% from the October 31st total of 500 shares. Based on an average daily trading volume, of 10,900 shares, the days-to-cover ratio is presently 0.1 days.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Up 0.3 %

Shares of NASDAQ:VSMV opened at $50.58 on Friday. The firm has a market cap of $136.57 million, a P/E ratio of 18.68 and a beta of 0.79. VictoryShares US Multi-Factor Minimum Volatility ETF has a 12 month low of $40.94 and a 12 month high of $50.71. The company’s 50-day moving average price is $48.88 and its two-hundred day moving average price is $47.16.

VictoryShares US Multi-Factor Minimum Volatility ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, November 8th. Investors of record on Thursday, November 7th were issued a $0.0205 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.49%. The ex-dividend date of this dividend was Thursday, November 7th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Lindenwold Advisors INC raised its position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 5.2% during the third quarter. Lindenwold Advisors INC now owns 5,548 shares of the company’s stock worth $270,000 after acquiring an additional 275 shares during the last quarter. Cetera Advisors LLC bought a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF during the 1st quarter worth about $260,000. Jane Street Group LLC acquired a new position in VictoryShares US Multi-Factor Minimum Volatility ETF during the 3rd quarter valued at about $324,000. Great Valley Advisor Group Inc. boosted its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 18.2% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 346,153 shares of the company’s stock valued at $15,729,000 after purchasing an additional 53,373 shares during the last quarter. Finally, Tower Wealth Partners Inc. grew its position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 2.3% during the 2nd quarter. Tower Wealth Partners Inc. now owns 405,459 shares of the company’s stock worth $18,424,000 after buying an additional 8,973 shares during the period.

VictoryShares US Multi-Factor Minimum Volatility ETF Company Profile

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.