Short Interest in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Rises By 50.4%

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the target of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 63,900 shares, an increase of 50.4% from the May 15th total of 42,500 shares. Based on an average daily trading volume, of 103,800 shares, the short-interest ratio is presently 0.6 days.

VictoryShares Core Intermediate Bond ETF Stock Performance

Shares of UITB stock traded up $0.09 on Friday, reaching $46.43. 67,088 shares of the company’s stock traded hands, compared to its average volume of 127,794. VictoryShares Core Intermediate Bond ETF has a 12-month low of $43.14 and a 12-month high of $47.20. The business’s 50 day moving average price is $45.71 and its two-hundred day moving average price is $46.11.

VictoryShares Core Intermediate Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 13th. Stockholders of record on Wednesday, June 12th were issued a $0.1609 dividend. The ex-dividend date was Wednesday, June 12th. This represents a $1.93 dividend on an annualized basis and a dividend yield of 4.16%.

Institutional Trading of VictoryShares Core Intermediate Bond ETF

A number of hedge funds have recently made changes to their positions in the stock. CWM LLC purchased a new stake in VictoryShares Core Intermediate Bond ETF in the 4th quarter worth approximately $34,000. MV Capital Management Inc. purchased a new stake in shares of VictoryShares Core Intermediate Bond ETF during the first quarter worth $39,000. Fifth Third Bancorp acquired a new stake in VictoryShares Core Intermediate Bond ETF during the first quarter valued at $51,000. Aspire Capital Advisors LLC purchased a new position in VictoryShares Core Intermediate Bond ETF in the fourth quarter valued at about $227,000. Finally, Klingenstein Fields & Co. LP acquired a new position in VictoryShares Core Intermediate Bond ETF in the 4th quarter worth about $331,000.

VictoryShares Core Intermediate Bond ETF Company Profile

The Victory Portfolios II VictoryShares Core Intermediate Bond ETF (UITB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three to ten years. UITB was launched on Oct 24, 2017 and is managed by VictoryShares.