Short Interest in VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Expands By 180.0%

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the target of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 1,400 shares, a growth of 180.0% from the October 31st total of 500 shares. Based on an average trading volume of 10,900 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On VictoryShares US Multi-Factor Minimum Volatility ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in VSMV. Great Valley Advisor Group Inc. grew its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 18.2% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 346,153 shares of the company’s stock worth $15,729,000 after purchasing an additional 53,373 shares during the period. Tower Wealth Partners Inc. grew its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 2.3% during the 2nd quarter. Tower Wealth Partners Inc. now owns 405,459 shares of the company’s stock worth $18,424,000 after purchasing an additional 8,973 shares during the period. Jane Street Group LLC acquired a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the 3rd quarter worth approximately $324,000. Cetera Advisors LLC acquired a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the 1st quarter worth approximately $260,000. Finally, Lindenwold Advisors INC grew its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 5.2% during the 3rd quarter. Lindenwold Advisors INC now owns 5,548 shares of the company’s stock worth $270,000 after purchasing an additional 275 shares during the period.

VictoryShares US Multi-Factor Minimum Volatility ETF Price Performance

VSMV stock opened at $50.44 on Friday. The firm’s fifty day simple moving average is $48.83 and its 200-day simple moving average is $47.12. The company has a market capitalization of $136.19 million, a P/E ratio of 18.68 and a beta of 0.79. VictoryShares US Multi-Factor Minimum Volatility ETF has a 12 month low of $40.83 and a 12 month high of $50.64.

VictoryShares US Multi-Factor Minimum Volatility ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were issued a $0.0205 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.49%. The ex-dividend date was Thursday, November 7th.

About VictoryShares US Multi-Factor Minimum Volatility ETF

The VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks, selected and weighted based on multiple factors. ETF optimization and constraints are used in order to minimize volatility.