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

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 52,400 shares, a growth of 73.5% from the November 30th total of 30,200 shares. Based on an average trading volume of 103,500 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of USTB. Victory Capital Management Inc. boosted its position in shares of VictoryShares Short-Term Bond ETF by 1.4% during the 2nd quarter. Victory Capital Management Inc. now owns 4,292,597 shares of the company’s stock valued at $213,771,000 after purchasing an additional 60,752 shares in the last quarter. Marquette Asset Management LLC boosted its holdings in VictoryShares Short-Term Bond ETF by 1.8% during the third quarter. Marquette Asset Management LLC now owns 610,891 shares of the company’s stock worth $31,039,000 after buying an additional 10,746 shares in the last quarter. ERn Financial LLC grew its position in VictoryShares Short-Term Bond ETF by 3.2% in the third quarter. ERn Financial LLC now owns 292,859 shares of the company’s stock worth $14,880,000 after buying an additional 9,210 shares during the last quarter. Cornerstone Planning Group LLC increased its holdings in shares of VictoryShares Short-Term Bond ETF by 7.7% in the third quarter. Cornerstone Planning Group LLC now owns 270,565 shares of the company’s stock valued at $13,645,000 after buying an additional 19,376 shares in the last quarter. Finally, Atria Investments Inc lifted its position in shares of VictoryShares Short-Term Bond ETF by 2.0% during the 3rd quarter. Atria Investments Inc now owns 243,415 shares of the company’s stock valued at $12,368,000 after acquiring an additional 4,682 shares during the last quarter.

VictoryShares Short-Term Bond ETF Price Performance

NASDAQ:USTB remained flat at $50.13 during midday trading on Friday. The company had a trading volume of 125,444 shares, compared to its average volume of 79,175. The company’s 50 day moving average price is $50.32 and its 200-day moving average price is $50.33. VictoryShares Short-Term Bond ETF has a 1 year low of $49.29 and a 1 year high of $50.92.

VictoryShares Short-Term Bond ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, December 12th were issued a $0.3598 dividend. The ex-dividend date was Thursday, December 12th.

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.