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

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 1,900 shares, a decrease of 89.4% from the March 15th total of 17,900 shares. Based on an average daily trading volume, of 7,700 shares, the short-interest ratio is presently 0.2 days.

VictoryShares Short-Term Bond ETF Stock Performance

VictoryShares Short-Term Bond ETF stock opened at $49.60 on Thursday. The stock’s 50 day moving average is $49.70 and its 200 day moving average is $49.33. VictoryShares Short-Term Bond ETF has a twelve month low of $48.37 and a twelve month high of $49.96.

VictoryShares Short-Term Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, March 13th. Investors of record on Tuesday, March 12th were paid a $0.2055 dividend. The ex-dividend date was Monday, March 11th. This represents a $2.47 annualized dividend and a dividend yield of 4.97%.

Institutional Trading of VictoryShares Short-Term Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Elk River Wealth Management LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF in the 4th quarter worth approximately $1,562,000. Masso Torrence Wealth Management Inc. boosted its stake in VictoryShares Short-Term Bond ETF by 1.8% during the 3rd quarter. Masso Torrence Wealth Management Inc. now owns 63,705 shares of the company’s stock valued at $3,116,000 after purchasing an additional 1,149 shares during the last quarter. Windsor Wealth Management Inc. boosted its stake in VictoryShares Short-Term Bond ETF by 67.4% during the 3rd quarter. Windsor Wealth Management Inc. now owns 17,931 shares of the company’s stock valued at $877,000 after purchasing an additional 7,218 shares during the last quarter. Creative Financial Designs Inc. ADV purchased a new stake in VictoryShares Short-Term Bond ETF during the 4th quarter valued at $6,659,000. Finally, StrategIQ Financial Group LLC boosted its stake in VictoryShares Short-Term Bond ETF by 28.5% during the 4th quarter. StrategIQ Financial Group LLC now owns 216,578 shares of the company’s stock valued at $10,740,000 after purchasing an additional 48,086 shares during the last quarter.

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.