VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Update

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) saw a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 61,100 shares, a decline of 27.8% from the October 15th total of 84,600 shares. Based on an average daily volume of 146,100 shares, the short-interest ratio is presently 0.4 days.

VictoryShares Core Intermediate Bond ETF Price Performance

NASDAQ UITB traded up $0.01 during mid-day trading on Thursday, reaching $46.31. 160,515 shares of the stock were exchanged, compared to its average volume of 141,978. The stock has a 50 day simple moving average of $47.39 and a 200-day simple moving average of $46.80. VictoryShares Core Intermediate Bond ETF has a one year low of $44.58 and a one year high of $48.31.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, November 7th were issued a $0.1594 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $1.91 annualized dividend and a yield of 4.13%. This is a positive change from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.12.

Institutional Trading of VictoryShares Core Intermediate Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Morton Brown Family Wealth LLC purchased a new stake in shares of VictoryShares Core Intermediate Bond ETF in the second quarter valued at about $30,000. Harbour Investments Inc. grew its stake in VictoryShares Core Intermediate Bond ETF by 7,720.9% in the 2nd quarter. Harbour Investments Inc. now owns 3,363 shares of the company’s stock valued at $155,000 after purchasing an additional 3,320 shares during the period. Raymond James Trust N.A. purchased a new stake in shares of VictoryShares Core Intermediate Bond ETF during the 2nd quarter valued at $205,000. Princeton Global Asset Management LLC bought a new stake in shares of VictoryShares Core Intermediate Bond ETF during the 3rd quarter worth $292,000. Finally, Wedmont Private Capital purchased a new position in shares of VictoryShares Core Intermediate Bond ETF in the 2nd quarter worth about $300,000.

VictoryShares Core Intermediate Bond ETF Company Profile

The Victory Portfolios II VictoryShares Core Intermediate Bond ETF (UITB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three to ten years. UITB was launched on Oct 24, 2017 and is managed by VictoryShares.