VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Down 17.4% in February

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the recipient of a significant decline in short interest in February. As of February 15th, there was short interest totalling 1,900 shares, a decline of 17.4% from the January 31st total of 2,300 shares. Based on an average daily volume of 10,000 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On VictoryShares US Multi-Factor Minimum Volatility ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Lindenwold Advisors INC lifted its stake in 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 valued at $270,000 after buying an additional 275 shares in the last quarter. Jane Street Group LLC purchased a new position in VictoryShares US Multi-Factor Minimum Volatility ETF during the 3rd quarter worth approximately $324,000. Legacy Solutions LLC acquired a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF during the 4th quarter valued at $299,000. Raymond James Financial Inc. purchased a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the fourth quarter valued at $2,110,000. Finally, Independent Advisor Alliance acquired a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the fourth quarter worth $496,000.

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

VSMV stock traded up $0.17 on Wednesday, hitting $48.91. 1,993 shares of the company’s stock traded hands, compared to its average volume of 7,743. The stock has a market cap of $112.48 million, a price-to-earnings ratio of 22.96 and a beta of 0.79. VictoryShares US Multi-Factor Minimum Volatility ETF has a 1-year low of $42.82 and a 1-year high of $50.71. The stock has a fifty day moving average of $48.90 and a 200-day moving average of $48.76.

VictoryShares US Multi-Factor Minimum Volatility ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, February 10th. Stockholders of record on Friday, February 7th were issued a dividend of $0.0323 per share. This is an increase from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous dividend of $0.01. The ex-dividend date was Friday, February 7th.

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.