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

Posted by ABMN Staff on Apr 27th, 2024

VictoryShares Short-Term Bond ETF (NASDAQ:USTB – Get Free Report) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 26,900 shares, a growth of 78.1% from the March 31st total of 15,100 shares. Based on an average daily trading volume, of 67,800 shares, the days-to-cover ratio is currently 0.4 days.

VictoryShares Short-Term Bond ETF Price Performance

NASDAQ:USTB opened at $49.44 on Friday. The business has a fifty day simple moving average of $49.65 and a two-hundred day simple moving average of $49.37. VictoryShares Short-Term Bond ETF has a 1 year low of $48.37 and a 1 year high of $49.96.

VictoryShares Short-Term Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, April 12th were given a $0.2247 dividend. This represents a $2.70 annualized dividend and a dividend yield of 5.45%. The ex-dividend date of this dividend was Thursday, April 11th.

Hedge Funds Weigh In On VictoryShares Short-Term Bond ETF

Hedge funds have recently made changes to their positions in the stock. Concourse Financial Group Securities Inc. purchased a new position in shares of VictoryShares Short-Term Bond ETF in the third quarter valued at $38,000. Private Trust Co. NA purchased a new position in shares of VictoryShares Short-Term Bond ETF in the fourth quarter valued at $57,000. Principal Securities Inc. purchased a new position in shares of VictoryShares Short-Term Bond ETF in the fourth quarter valued at $121,000. Aspire Wealth Management Corp grew its position in shares of VictoryShares Short-Term Bond ETF by 11.3% in the third quarter. Aspire Wealth Management Corp now owns 2,786 shares of the company’s stock valued at $136,000 after purchasing an additional 283 shares in the last quarter. Finally, Oxinas Partners Wealth Management LLC purchased a new position in shares of VictoryShares Short-Term Bond ETF in the third quarter valued at $200,000.

VictoryShares Short-Term Bond ETF Company Profile

(Get Free Report)

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.