VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Short Interest Up 47.7% in November

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 6,500 shares, a growth of 47.7% from the October 31st total of 4,400 shares. Based on an average daily trading volume, of 7,600 shares, the short-interest ratio is presently 0.9 days.

VictoryShares US Small Mid Cap Value Momentum ETF Trading Up 0.4 %

Shares of USVM stock traded up $0.33 during trading hours on Friday, hitting $91.83. 1,264 shares of the company were exchanged, compared to its average volume of 9,601. The firm has a fifty day simple moving average of $86.56 and a 200 day simple moving average of $82.23. VictoryShares US Small Mid Cap Value Momentum ETF has a 52-week low of $66.66 and a 52-week high of $93.41. The stock has a market capitalization of $303.04 million, a price-to-earnings ratio of 11.30 and a beta of 1.11.

VictoryShares US Small Mid Cap Value Momentum ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were paid a dividend of $0.0243 per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.29 annualized dividend and a dividend yield of 0.32%.

VictoryShares US Small Mid Cap Value Momentum ETF Company Profile

The VictoryShares US Small Mid Cap Value Momentum ETF (USVM) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index of small- and mid-cap US stocks that are selected by equal parts value and momentum, and weighted by volatility. USVM was launched on Oct 24, 2017 and is managed by VictoryShares.