VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Update

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 19,900 shares, a drop of 51.5% from the December 31st total of 41,000 shares. Based on an average daily volume of 164,400 shares, the short-interest ratio is currently 0.1 days.

VictoryShares Core Intermediate Bond ETF Price Performance

Shares of VictoryShares Core Intermediate Bond ETF stock traded down $0.03 during trading on Wednesday, hitting $46.18. 67,148 shares of the company were exchanged, compared to its average volume of 305,436. The firm’s fifty day moving average price is $46.21 and its 200 day moving average price is $46.89. VictoryShares Core Intermediate Bond ETF has a 1-year low of $45.00 and a 1-year high of $48.31.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, January 8th were issued a $0.0299 dividend. The ex-dividend date was Wednesday, January 8th.

Institutional Investors Weigh In On VictoryShares Core Intermediate Bond ETF

Several institutional investors have recently bought and sold shares of the company. James J. Burns & Company LLC raised its holdings in shares of VictoryShares Core Intermediate Bond ETF by 0.8% in the third quarter. James J. Burns & Company LLC now owns 70,060 shares of the company’s stock valued at $3,358,000 after purchasing an additional 546 shares during the last quarter. Smith Thornton Advisors LLC grew its position in VictoryShares Core Intermediate Bond ETF by 0.4% in the fourth quarter. Smith Thornton Advisors LLC now owns 135,689 shares of the company’s stock valued at $6,236,000 after purchasing an additional 598 shares in the last quarter. Klingenstein Fields & Co. LP increased its stake in VictoryShares Core Intermediate Bond ETF by 5.7% in the 3rd quarter. Klingenstein Fields & Co. LP now owns 11,179 shares of the company’s stock valued at $536,000 after buying an additional 601 shares during the last quarter. Daymark Wealth Partners LLC increased its stake in VictoryShares Core Intermediate Bond ETF by 2.2% in the 4th quarter. Daymark Wealth Partners LLC now owns 39,996 shares of the company’s stock valued at $1,838,000 after buying an additional 842 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in VictoryShares Core Intermediate Bond ETF by 3.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 28,224 shares of the company’s stock worth $1,297,000 after buying an additional 886 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Company Profile

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.