Short Interest in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Rises By 220.2%

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the target of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 87,100 shares, an increase of 220.2% from the January 15th total of 27,200 shares. Based on an average trading volume of 125,600 shares, the short-interest ratio is currently 0.7 days.

VictoryShares Short-Term Bond ETF Price Performance

VictoryShares Short-Term Bond ETF stock traded down $0.08 during mid-day trading on Wednesday, reaching $50.20. The company had a trading volume of 78,453 shares, compared to its average volume of 122,894. The company has a 50 day moving average of $50.28 and a 200-day moving average of $50.42. VictoryShares Short-Term Bond ETF has a 52 week low of $49.29 and a 52 week high of $50.92.

VictoryShares Short-Term Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were issued a $0.1892 dividend. This is a boost from VictoryShares Short-Term Bond ETF’s previous dividend of $0.04. The ex-dividend date of this dividend was Friday, February 7th.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. OneAscent Wealth Management LLC acquired a new position in VictoryShares Short-Term Bond ETF in the fourth quarter valued at about $959,000. Orion Portfolio Solutions LLC grew its position in VictoryShares Short-Term Bond ETF by 13.5% during the 4th quarter. Orion Portfolio Solutions LLC now owns 41,801 shares of the company’s stock worth $2,098,000 after acquiring an additional 4,956 shares during the last quarter. Broadway Wealth Solutions Inc. acquired a new stake in VictoryShares Short-Term Bond ETF during the 4th quarter valued at $19,306,000. LPL Financial LLC raised its position in VictoryShares Short-Term Bond ETF by 97.8% in the 4th quarter. LPL Financial LLC now owns 716,137 shares of the company’s stock valued at $35,950,000 after purchasing an additional 354,102 shares during the last quarter. Finally, Samalin Investment Counsel LLC boosted its stake in VictoryShares Short-Term Bond ETF by 5.0% in the fourth quarter. Samalin Investment Counsel LLC now owns 54,505 shares of the company’s stock worth $2,736,000 after purchasing an additional 2,586 shares in the last quarter.

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.