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

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the target of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 40,600 shares, a decrease of 84.9% from the March 15th total of 268,400 shares. Based on an average trading volume of 137,600 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

Several institutional investors have recently made changes to their positions in USTB. Ameriflex Group Inc. bought a new position in VictoryShares Short-Term Bond ETF during the 4th quarter worth $40,000. Fifth Third Bancorp acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the 4th quarter worth $155,000. Axis Wealth Partners LLC bought a new position in shares of VictoryShares Short-Term Bond ETF in the fourth quarter worth $205,000. Avantax Advisory Services Inc. raised its stake in VictoryShares Short-Term Bond ETF by 11.5% in the fourth quarter. Avantax Advisory Services Inc. now owns 4,773 shares of the company’s stock valued at $240,000 after purchasing an additional 492 shares in the last quarter. Finally, Janney Montgomery Scott LLC bought a new stake in VictoryShares Short-Term Bond ETF during the fourth quarter worth about $294,000.

VictoryShares Short-Term Bond ETF Stock Up 0.3 %

NASDAQ:USTB opened at $50.34 on Tuesday. VictoryShares Short-Term Bond ETF has a 52 week low of $49.29 and a 52 week high of $50.92. The firm’s 50-day simple moving average is $50.51 and its 200 day simple moving average is $50.41.

VictoryShares Short-Term Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 11th. Stockholders of record on Thursday, April 10th were issued a dividend of $0.2094 per share. The ex-dividend date was Thursday, April 10th. This represents a $2.51 annualized dividend and a dividend yield of 4.99%.

VictoryShares Short-Term Bond ETF Company Profile

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.