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

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 52,400 shares, an increase of 73.5% from the November 30th total of 30,200 shares. Based on an average daily trading volume, of 103,500 shares, the days-to-cover ratio is currently 0.5 days.

VictoryShares Short-Term Bond ETF Price Performance

Shares of VictoryShares Short-Term Bond ETF stock remained flat at $50.13 during trading on Friday. 125,444 shares of the stock traded hands, compared to its average volume of 79,175. VictoryShares Short-Term Bond ETF has a 1-year low of $49.29 and a 1-year high of $50.92. The stock’s 50-day simple moving average is $50.32 and its 200 day simple moving average is $50.33.

VictoryShares Short-Term Bond ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, December 12th were issued a $0.3598 dividend. The ex-dividend date of this dividend was Thursday, December 12th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of USTB. Fortitude Family Office LLC acquired a new stake in VictoryShares Short-Term Bond ETF during the 3rd quarter worth about $91,000. Octavia Wealth Advisors LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the third quarter worth approximately $221,000. Burt Wealth Advisors grew its position in VictoryShares Short-Term Bond ETF by 5.3% during the third quarter. Burt Wealth Advisors now owns 7,010 shares of the company’s stock valued at $356,000 after purchasing an additional 350 shares in the last quarter. Private Client Services LLC acquired a new position in VictoryShares Short-Term Bond ETF in the 3rd quarter valued at approximately $404,000. Finally, Squire Investment Management Company LLC acquired a new position in VictoryShares Short-Term Bond ETF in the 3rd quarter valued at approximately $431,000.

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.