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

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 22,200 shares, a drop of 76.9% from the October 31st total of 96,100 shares. Based on an average daily volume of 86,900 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Daymark Wealth Partners LLC lifted its position in VictoryShares Short-Term Bond ETF by 2.2% in the second quarter. Daymark Wealth Partners LLC now owns 14,432 shares of the company’s stock worth $719,000 after purchasing an additional 305 shares during the period. Burt Wealth Advisors grew its holdings in VictoryShares Short-Term Bond ETF by 5.3% during the third quarter. Burt Wealth Advisors now owns 7,010 shares of the company’s stock worth $356,000 after acquiring an additional 350 shares during the period. Orion Portfolio Solutions LLC lifted its holdings in VictoryShares Short-Term Bond ETF by 1.1% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 36,845 shares of the company’s stock valued at $1,872,000 after acquiring an additional 401 shares during the last quarter. Comprehensive Wealth Management LLC boosted its position in shares of VictoryShares Short-Term Bond ETF by 6.9% during the 3rd quarter. Comprehensive Wealth Management LLC now owns 11,883 shares of the company’s stock valued at $604,000 after purchasing an additional 762 shares in the last quarter. Finally, Aspire Wealth Management Corp grew its stake in shares of VictoryShares Short-Term Bond ETF by 11.4% in the 3rd quarter. Aspire Wealth Management Corp now owns 8,757 shares of the company’s stock worth $445,000 after purchasing an additional 897 shares during the last quarter.

VictoryShares Short-Term Bond ETF Stock Performance

USTB stock traded up $0.04 during trading on Wednesday, hitting $50.41. The company had a trading volume of 24,599 shares, compared to its average volume of 71,661. The business has a 50 day moving average of $50.49 and a 200 day moving average of $50.25. VictoryShares Short-Term Bond ETF has a fifty-two week low of $49.02 and a fifty-two week high of $50.92.

VictoryShares Short-Term Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were paid a $0.2103 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 5.01%. The ex-dividend date of this dividend was Thursday, November 7th.

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.