VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Large Growth in Short Interest

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 156,462 shares, a growth of 59.8% from the January 29th total of 97,900 shares. Based on an average daily volume of 195,701 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 195,701 shares, the days-to-cover ratio is currently 0.8 days.

VictoryShares Core Plus Intermediate Bond ETF Trading Up 0.1%

Shares of UBND stock opened at $22.25 on Friday. The firm has a fifty day moving average price of $22.05 and a 200 day moving average price of $22.04. VictoryShares Core Plus Intermediate Bond ETF has a 12 month low of $21.17 and a 12 month high of $22.41.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, February 10th. Shareholders of record on Monday, February 9th were issued a dividend of $0.0862 per share. This is a positive change from VictoryShares Core Plus Intermediate Bond ETF’s previous monthly dividend of $0.01. The ex-dividend date of this dividend was Monday, February 9th. This represents a c) dividend on an annualized basis and a yield of 4.7%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in UBND. Comerica Bank lifted its stake in VictoryShares Core Plus Intermediate Bond ETF by 44.4% during the first quarter. Comerica Bank now owns 2,597 shares of the company’s stock worth $57,000 after purchasing an additional 799 shares during the last quarter. Goldman Sachs Group Inc. purchased a new position in VictoryShares Core Plus Intermediate Bond ETF in the first quarter valued at approximately $4,842,000. Jane Street Group LLC raised its holdings in VictoryShares Core Plus Intermediate Bond ETF by 174.2% during the first quarter. Jane Street Group LLC now owns 35,739 shares of the company’s stock worth $779,000 after purchasing an additional 22,705 shares in the last quarter. Correct Capital Wealth Management lifted its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 0.9% during the 2nd quarter. Correct Capital Wealth Management now owns 779,672 shares of the company’s stock worth $17,036,000 after buying an additional 7,261 shares during the last quarter. Finally, Integrated Investment Consultants LLC boosted its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 2.7% in the 2nd quarter. Integrated Investment Consultants LLC now owns 36,565 shares of the company’s stock valued at $799,000 after buying an additional 963 shares in the last quarter.

VictoryShares Core Plus Intermediate Bond ETF Company Profile

The VictoryShares Core Plus Intermediate Bond ETF (UBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds intermediate-term bonds of any type and rating that exhibit positive ESG characteristics. UBND was launched on Oct 4, 2021 and is managed by VictoryShares.