VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Down 77.4% in July

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 1,400 shares, adropof77.4% from the July 15th total of 6,200 shares. Currently,0.1% of the company’s shares are sold short. Based on an average daily volume of 6,600 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 6,600 shares, the days-to-cover ratio is currently 0.2 days. Currently,0.1% of the company’s shares are sold short.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Down 0.0%

Shares of VSMV opened at $50.98 on Friday. The company’s fifty day moving average is $49.48 and its two-hundred day moving average is $48.60. VictoryShares US Multi-Factor Minimum Volatility ETF has a fifty-two week low of $43.33 and a fifty-two week high of $51.13. The firm has a market cap of $114.71 million, a PE ratio of 18.64 and a beta of 0.79.

VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, August 7th. Investors of record on Wednesday, August 6th were issued a dividend of $0.0274 per share. The ex-dividend date was Wednesday, August 6th.

Hedge Funds Weigh In On VictoryShares US Multi-Factor Minimum Volatility ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Quent Capital LLC acquired a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the 1st quarter valued at $107,000. Lindenwold Advisors INC lifted its holdings in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 14.8% during the 2nd quarter. Lindenwold Advisors INC now owns 5,252 shares of the company’s stock valued at $259,000 after acquiring an additional 676 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 15.8% during the 4th quarter. Cetera Investment Advisers now owns 6,667 shares of the company’s stock valued at $320,000 after acquiring an additional 912 shares in the last quarter. One Degree Advisors Inc lifted its holdings in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 2.9% during the 2nd quarter. One Degree Advisors Inc now owns 12,490 shares of the company’s stock valued at $615,000 after acquiring an additional 355 shares in the last quarter. Finally, Two Sigma Investments LP lifted its holdings in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 89.2% during the 4th quarter. Two Sigma Investments LP now owns 19,300 shares of the company’s stock valued at $927,000 after acquiring an additional 9,100 shares in the last quarter.

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.