VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Sees Large Drop in Short Interest

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 500 shares, a decline of 93.7% from the February 28th total of 7,900 shares. Based on an average trading volume of 9,000 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

VictoryShares US Multi-Factor Minimum Volatility ETF Trading Up 0.3 %

Shares of VSMV opened at $48.46 on Friday. The firm has a market capitalization of $111.46 million, a price-to-earnings ratio of 21.25 and a beta of 0.79. The firm’s fifty day simple moving average is $48.85 and its 200-day simple moving average is $48.79. VictoryShares US Multi-Factor Minimum Volatility ETF has a twelve month low of $42.82 and a twelve month high of $50.71.

VictoryShares US Multi-Factor Minimum Volatility ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were issued a $0.07 dividend. The ex-dividend date of this dividend was Monday, March 10th. This is a positive change from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous dividend of $0.03.

Institutional Trading of VictoryShares US Multi-Factor Minimum Volatility ETF

A number of institutional investors have recently bought and sold shares of VSMV. Independent Advisor Alliance acquired a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF during the fourth quarter worth approximately $496,000. Legacy Solutions LLC purchased a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the 4th quarter valued at $299,000. Jane Street Group LLC acquired a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF during the 3rd quarter worth $324,000. Two Sigma Investments LP lifted its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 89.2% in the fourth 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 during the last quarter. Finally, Cetera Investment Advisers boosted its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 15.8% in the fourth 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.

VictoryShares US Multi-Factor Minimum Volatility ETF Company Profile

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.