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

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 268,400 shares, a growth of 643.5% from the February 28th total of 36,100 shares. Based on an average trading volume of 128,000 shares, the days-to-cover ratio is presently 2.1 days. Currently, 1.4% of the shares of the stock are short sold.

Institutional Trading of VictoryShares Short-Term Bond ETF

Several hedge funds have recently added to or reduced their stakes in USTB. Integrated Wealth Concepts LLC lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 53.7% in the third quarter. Integrated Wealth Concepts LLC now owns 29,697 shares of the company’s stock valued at $1,509,000 after purchasing an additional 10,371 shares in the last quarter. IHT Wealth Management LLC raised its holdings in VictoryShares Short-Term Bond ETF by 124.5% during the third quarter. IHT Wealth Management LLC now owns 14,299 shares of the company’s stock worth $727,000 after acquiring an additional 7,929 shares in the last quarter. Stifel Financial Corp grew its stake in VictoryShares Short-Term Bond ETF by 8.9% in the third quarter. Stifel Financial Corp now owns 51,451 shares of the company’s stock valued at $2,614,000 after purchasing an additional 4,192 shares in the last quarter. Orion Portfolio Solutions LLC increased its holdings in shares of VictoryShares Short-Term Bond ETF by 1.1% in the third quarter. Orion Portfolio Solutions LLC now owns 36,845 shares of the company’s stock valued at $1,872,000 after purchasing an additional 401 shares during the last quarter. Finally, Pine Valley Investments Ltd Liability Co lifted its stake in shares of VictoryShares Short-Term Bond ETF by 12.7% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 117,976 shares of the company’s stock worth $5,994,000 after buying an additional 13,266 shares during the last quarter.

VictoryShares Short-Term Bond ETF Price Performance

Shares of USTB traded down $0.01 during mid-day trading on Wednesday, hitting $50.53. 81,471 shares of the company traded hands, compared to its average volume of 94,460. The business has a 50-day moving average of $50.45 and a 200 day moving average of $50.43. VictoryShares Short-Term Bond ETF has a one year low of $49.29 and a one year high of $50.92.

VictoryShares Short-Term Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 10th were issued a $0.193 dividend. The ex-dividend date of this dividend was Monday, March 10th. This is a positive change from VictoryShares Short-Term Bond ETF’s previous dividend of $0.19.

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.