Short Interest in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Decreases By 14.9%

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the recipient of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 36,100 shares, a decrease of 14.9% from the February 13th total of 42,400 shares. Based on an average daily trading volume, of 134,000 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in USTB. Victory Capital Management Inc. lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 23.0% in the fourth quarter. Victory Capital Management Inc. now owns 5,122,240 shares of the company’s stock worth $257,136,000 after acquiring an additional 959,375 shares during the last quarter. Broadway Wealth Solutions Inc. bought a new position in shares of VictoryShares Short-Term Bond ETF in the fourth quarter worth about $19,306,000. LPL Financial LLC lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 97.8% in the fourth quarter. LPL Financial LLC now owns 716,137 shares of the company’s stock worth $35,950,000 after acquiring an additional 354,102 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of VictoryShares Short-Term Bond ETF in the fourth quarter worth about $15,966,000. Finally, Northeast Planning Associates INC. NH bought a new position in shares of VictoryShares Short-Term Bond ETF in the fourth quarter worth about $12,150,000.

VictoryShares Short-Term Bond ETF Trading Up 0.0 %

Shares of VictoryShares Short-Term Bond ETF stock opened at $50.55 on Friday. VictoryShares Short-Term Bond ETF has a 12-month low of $49.29 and a 12-month high of $50.92. The firm’s 50-day moving average price is $50.43 and its two-hundred day moving average price is $50.44.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, March 10th were issued a $0.193 dividend. The ex-dividend date of this dividend was Monday, March 10th. This is a boost from VictoryShares Short-Term Bond ETF’s previous dividend of $0.19.

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.